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KORE’s 3Q21 in line with expectations, portfolio occupancy likely to have bottomed out: analysts

Atiqah Mokhtar
Atiqah Mokhtar11/1/2021 06:20 PM GMT+08  • 3 min read
KORE’s 3Q21 in line with expectations, portfolio occupancy likely to have bottomed out: analysts
KORE’s portfolio occupancy improved 1.3 percentage points q-o-q to 91.8% in 3Q21.
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Analysts from UOB Kay Hian and RHB Group Research have kept their "buy" ratings and target prices unchanged for Keppel Pacific Oak US REIT (KORE) after its 3QFY2021 ended September business updates were released on Oct 27.

KORE reported a distributable income of US$15.9 million ($21.4 million), which was in line with both brokerages’ expectations.


See: KORE’s 3Q2021 income available for distribution rose 8.4% y-o-y

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