KORE US REIT (SGX:CMOU)
Singapore · Delayed Price · Currency is SGD · Price in USD | Market Cap | 230.20M -20.4% |
| Revenue (ttm) | 197.03M +3.8% |
| Net Income | 5.57M |
| EPS | 0.01 |
| Shares Out | 1.04B |
| PE Ratio | 42.01 |
| Forward PE | 5.32 |
| Dividend | 0.01 (4.53%) |
| Ex-Dividend Date | Aug 4, 2026 |
| Volume | 409,600 |
| Open | 0.1760 |
| Previous Close | 0.1730 |
| Day's Range | 0.1730 - 0.1760 |
| 52-Week Range | 0.1640 - 0.2650 |
| Beta | 1.65 |
| Analysts | Strong Buy |
| Price Target | 0.30 (+73.41%) |
| Earnings Date | Oct 28, 2026 |
About KORE US REIT
KORE US REIT (KORE) is a distinctive US office REIT listed on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017. The name (KORE) stands for Keppel Office Real Estate. KORE aims to be the first-choice US office S-REIT, delivering sustainable distributions and strong total returns to Unitholders. KORE invests in a diversified mix of income producing commercial and real estate related assets in key growth markets across the US, characterized by strong economic fundamentals and attractive lifestyle attr... [Read more]
Financial Performance
In 2025, KORE US REIT's revenue was $150.17 million, an increase of 2.55% compared to the previous year's $146.44 million. Losses were -$4.08 million, -40.89% less than in 2024.
Financial numbers in USD Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for CMOU stock is "Strong Buy." The 12-month stock price target is $0.30, which is an increase of 73.41% from the latest price.
News
KORE US REIT Transcript: Transcript
Leasing momentum remained positive in H1 2025, with 281,000 sq ft leased and occupancy at 88.2%, though NPI and distributable income declined year-on-year. Significant known vacates and refinancing needs pose risks, but leasing and office demand are expected to improve in H2 2025.
KORE US REIT Transcript: Transcript
Recapitalization efforts and suspended distributions continue as leverage remains elevated, with refinancing progress and strong leasing in key markets supporting stable occupancy. Financial performance is impacted by higher financing costs, but portfolio diversification and proactive capital management provide resilience.
KORE US REIT Transcript: Transcript
Committed occupancy rose to 90% in 2024, with record leasing volumes and stable portfolio value despite a fair value loss. Adjusted NPI and income available for distribution declined year-over-year, and distributions remain suspended until 2026. Key markets and tenant diversification support resilience.
KORE US REIT Transcript: Transcript
Refinancing of all near-term debt maturities enabled early distribution resumption, with stable portfolio valuation and robust leasing activity supporting 87.2% occupancy. Asset manager transition and STRATO's planned liquidation present manageable risks, while capex remains focused on leasing and enhancements.
KORE US REIT Transcript: Transcript
Leasing momentum remained strong with over 550,000 sq ft signed and occupancy at 85.3%, supported by asset enhancements and spec suite strategies. Net property income rose 6.1% year-on-year, and liquidity improved with a new $40 million facility. Outlook remains stable, targeting 87% occupancy by year-end.