Keppel Pacific Oak US REIT (KORE) saw a high volume of married deals after trading hours on 30 August, which is likely linked to the almost 8% fall in its unit price on the day.
KORE is a Singapore Exchange (SGX)-listed REIT that invests exclusively in US office assets across Sunbelt cities.
The REIT has been trying to distance itself from the fate that has befallen one of its SGX-listed peers that also owns US office assets.
Related: Keppel’s US office REIT explains why it won’t see a Manulife US REIT-like meltdown
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