Prime US REIT - Park Tower. (Photo: Google Maps)

Data from Prime US REIT’s latest results are compiled on the 1Q Singapore REITs results page, and have been updated into the Singapore REITs table.

Prime US REIT may have reported committed occupancy of 92.4% for its latest results, but the actual physical occupancy at its office remains at about 20% amid ongoing work-from-home (WFH) arrangements.

The matter was disclosed by the CEO and CIO of the REIT’s manager, Barbara Cambon, in response to questions during an event on 18 February.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.