Keppel Pacific Oak US REIT
Keppel Pacific Oak US REIT (KORE), previously known as Keppel-KBS US REIT, 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 outpace that of the US national average, as well as the average of the gateway cities, so as to provide sustainable distributions and strong total returns for Unitholders. As at 31 December 2019, KORE's portfolio comprised a balanced mix of 13 freehold office buildings and business campuses across eight key growth markets driven by innovation and technology in the US. With a combined asset value of US$1.26 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 the technology, as well as medical and healthcare sectors, which will continue to support and drive growth. KORE is a technology-focused office REIT with over 50% of the portfolio in the technology hubs of Seattle, Austin and Denver. The remainder of the portfolio is located in the key growth markets of Houston, Dallas, Orlando, Sacramento and Atlanta. KORE is managed by Keppel Pacific Oak US REIT Management Pte. Ltd., which is jointly owned by two Sponsors, Keppel Capital and KPA. Show More...
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Website http://www.koreusreit.com
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Sector Real Estate
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Industry REIT-Diversified
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Last Quote 0.15 USD
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Last Updated 28-03-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2009-12 2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2018-12 2019-12 TTM Earnings Per Share USD 0.02 0.03 0.07 0.08 0.08 Dividends USD 0.04 0.07 0.07 Payout Ratio % * 94.7 84.1 Shares Mil 665.0 665.0 688.0 844.0 844.0 Book Value Per Share * USD 0.67 0.68 0.8 Free Cash Flow Per Share * USD 0.04 0.06 Return on Assets % 2.2 4.97 5.88 5.88 Financial Leverage (Average) 1.58 1.62 1.74 1.74 Return on Equity % 3.48 8.06 9.91 9.91 Return on Invested Capital % 3.28 6.11 7.26 7.26 Interest Coverage 2.82 3.19 6.34 6.65 6.65 Current Ratio 1.81 1.72 0.82 0.82 Quick Ratio 1.78 1.61 0.82 0.82 Debt/Equity 0.54 0.56 0.61 0.61