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Keppel Pacific Oak US REIT (CMOU.SI)

SES - SES Delayed Price. Currency in USD
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0.7950+0.0100 (+1.27%)
At close: 05:04PM SGT

Keppel Pacific Oak US REIT

Keppel Bay Tower
Level 2 1 HarbourFront Avenue
Singapore 098632
Singapore
65 6803 1818
https://www.koreusreit.com

Sector(s)Real Estate
IndustryREIT—Office
Full-time employees7

Key executives

NameTitlePayExercisedYear born
Mr. David Eric Snyder CPA, CPACEO & Chief Investment OfficerN/AN/A1972
Mr. Wei Yong GweeChief Financial Officer of Keppel-KBS US REIT Management Pte. LtdN/AN/A1976
Ms. Grace ChiaHead of Investor Relations of Keppel-KBS US REIT Management Pte. LtdN/AN/A1980
Mr. Weiqiang TanCompany Sec. of Keppel Pacific Oak US REIT Management Pte. Ltd.N/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017. KORE's investment strategy is to principally invest in a diversified portfolio of income-producing commercial assets and real estate-related assets in key growth markets of the United States (US) with positive economic and office fundamentals that generally outpace the US national average, and the average of the gateway cities, so as to provide sustainable distributions and strong total returns for Unitholders. KORE is managed by Keppel Pacific Oak US REIT Management Pte. Ltd., which is jointly owned by two Sponsors, Keppel Capital and KPA. KORE's portfolio comprises a balanced mix of 13 freehold office buildings and business campuses across eight key growth markets driven by innovation and technology in the US. The assets have a combined value of US$1.30 billion and an aggregate net lettable area of over 4.7 million sf. KORE has an extensive and diversified tenant base, some of which are from the growth and defensive sectors such as technology, as well as medical and healthcare, which will continue to support and drive growth. KORE is a technology-focused office REIT with over 50% of the portfolio located in the technology hubs of Seattle – Bellevue/Redmond, Austin and Denver. The remainder of the portfolio is located in the key growth markets of Houston, Dallas, Orlando, Sacramento and Atlanta.

Corporate governance

Keppel Pacific Oak US REIT’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.