Kore US REIT 1H26 income available for distribution rises 2.1% to US$20.37 million; revenue climbs 2.8% to US$76.65 million

Reuters2026/07/27 21:40

By:Reuters

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Kore US REIT posted 1H 2026 revenue of US$76.65 million, up 2.8% year over year; net property income rose 6.1% to US$43.13 million.
Income available for distribution increased 2.1% from a year earlier to US$20.37 million; DPU was 0.40 US cents, with US$4.18 million paid out.
Adjusted net property income, excluding non-cash straight-line rent and leasing items, climbed 10.2% year over year to US$45.65 million.
Record 1H leasing reached 550,522 sf, lifting committed occupancy to 85.3% and keeping rental reversion positive at 1.5%.
Management said it expects the distribution quantum to remain consistent in 2H 2026, citing market and financing conditions and interest rates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kore US REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: LQ9TX5DAG7PWLQQQ) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kore US REIT 1H26 income available for distribution rises 2.1% to US$20.37 million; revenue climbs 2.8% to US$76.65 million

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