Keppel Pacific Oak US Reit posts Q3 DPU of 1.5 US cents

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Keppel Pacific Oak US Reit posts Q3 DPU of 1.5 US cents.

Aggregate leverage was 38.5 per cent as at Sept 30.

The Reit manager said:"The US economy continued to stand on firm ground, growing 2 per cent in the second quarter of 2019... In its September Office National Report, CoStar reported a vacancy rate of 9.7 per cent, the lowest US office vacancy in more than a decade, following a solid rebound in absorptions and strong leasing activity."

 

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