The Directors of Keppel Pacific Oak US REIT Management Pte. Ltd., as Manager of Keppel Pacific Oak US REIT (KORE), are pleased to announce the unaudited results of Keppel Pacific Oak US REIT for the full year ended 31 December 2025.

Keppel Pacific Oak US REIT (KORE) reports higher FY2025 net property income and announces early resumption of distributions

Highlights

• Early resumption of distributions concludes the Recapitalisation Plan^[1], with a declared distribution per unit (DPU) of 0.25 US cents
• Addressed all 2025 and 2026 term loan maturities following execution of US$152.5 million loan facilities
• Committed occupancy at 87.2% as at end-Dec 2025, with positive rental reversion of 6.8% for FY2025
• Stable portfolio valuation supported by strong operational performance and active asset enhancements
• Strategically positioned with well-amenitised assets to capture office demand in vibrant lifestyle markets

^[1] Pursuant to the Recapitalisation Plan announced on 15 February 2024, KORE temporarily suspended distributions for the period starting from 2H 2023 through to the 2H 2025 distribution that would otherwise be paid in 1H 2026. This allowed KORE to address its capital needs and leverage concerns over the two-year period.