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Is Keppel KBS US REIT's name change more than skin-deep?

Uma Devi
Uma Devi9/6/2019 12:29 PM GMT+08  • 3 min read
Is Keppel KBS US REIT's name change more than skin-deep?
SINGAPORE (Sept 6): From Tuesday, Keppel KBS US REIT (KORE) will be known as Keppel Pacific Oak US REIT, in preparation to outsource the management of its US tech office portfolio.
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SINGAPORE (Sept 6): From Tuesday, Keppel KBS US REIT (KORE) will be known as Keppel Pacific Oak US REIT, in preparation to outsource the management of its US tech office portfolio.

KORE’s counter name on the Singapore Exchange will also be changed to KepPacOakReitUSD.

In a filing on Thursday evening, KORE says the new Pacific Oak Management Agreement, which will replace the existing KBS Management Agreement, will substantially be on the same terms as the preceding one.

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