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Prime US Reit SGX debut 19 JUL 2019
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piscesmonkey
Supreme |
25-May-2026 14:31
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Oil going down this should go up high soon
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piscesmonkey
Supreme |
25-May-2026 11:40
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Going 20cents? | ||||
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piscesmonkey
Supreme |
23-May-2026 11:39
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https://www.theedgesingapore.com/news/us-economy/trump-tells-warsh-do-own-thing-fed-chair-sworn | ||||
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piscesmonkey
Supreme |
23-May-2026 11:36
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Hmm now fed chair is who?
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TraderBen
Supreme |
23-May-2026 00:00
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Fed gonna raise interest rates leh.. how to go up this
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piscesmonkey
Supreme |
22-May-2026 17:18
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Bought at 160 whole day Macquarie sell to me 😂 | ||||
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Joelton
Supreme |
19-May-2026 10:36
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Tan of DBS maintains ' buy' on Prime US REIT and 33 US cents target price with ongoing operational improvements Derek Tan of DBS Group Research has kept his " buy" call and 33 US cents target price on Prime US REIT, with a view that it is seeing continued operating recovery, with occupancy improving for the fourth consecutive quarter and leasing momentum remaining healthy despite a still-challenging US office backdrop. " The manager is seeing good leasing velocity and momentum and is optimistic that take-up rates will continue," says Tan. As reported, Prime US REIT' s 1QFY2026 portfolio committed occupancy rose to 83.1%, up 0.4 percentage points q-o-q and 4.2 ppt y-o-y, thanks to higher rental reversion of 4% and with 99,000 sq ft of space leased, including 40,000 sq ft at Village Center Station I leased for 11 years to S& P Global. In the quarter, net property income improved by 3.3% q-o-q to US17.2 million, while distributable income was up 12.1% q-o-q to US$6.5 million. " With sequential improvement in overall performance, we remain attracted to Prime US REIT&rsquo s valuation at 0.3x P/B and a FYFY2026-2027 yield of 8.8% and 9.9% respectively, based on an assumed 65% payout ratio, which is reaffirmed by management," says Tan. " We believe the key near-term catalyst remains the execution of the sizeable embedded leasing pipeline, with 463,000 sq ft of committed leases, equivalent to 11% of committed occupancy, which is expected to commence rental contribution progressively from 3QFY2026 onwards. Following which, the REIT will likely enjoy a gradual step-up in cash flow recovery into FY2027, adds Tan. However, he warns that the REIT' s balance sheet metrics remain the key investor overhang, with aggregate leverage at 45.2%, all-in borrowing cost at 5.4% and ICR at 1.6x. " While leasing traction and positive rental reversions suggest that the REIT&rsquo s portfolio is stabilising, the pace of earnings recovery and refinancing execution will likely remain central to investor focus amid structurally softer US office demand and elevated interest rates," says Tan. Nonetheless, from his perspective, one of the strongest attributes of the REIT' s initial portfolio is the fact that average rents for the leases are below market rents by around 8%. " As Prime US REIT renews its leases over the next two years, there is potential for positive rental reversions which would help drive near-term earnings and distributable income," he adds. Prime US REIT units closed at 16 US cents, down 2.4% for the day, extending a drop of 18.5% year to date. |
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piscesmonkey
Supreme |
06-May-2026 10:22
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Once u say TH all selling😅
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Zhlim123
Member |
06-May-2026 10:16
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where is the news on the temasek upping its stake?
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seanpent
Supreme |
06-May-2026 10:08
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Interesting info. Smart money bargain hunting.
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TraderBen
Supreme |
06-May-2026 09:58
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temasek upped its stake in KORE and PRIME. take note ah.. posied to move upwards.. |
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TraderBen
Supreme |
30-Apr-2026 17:26
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Target 30 cents
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piscesmonkey
Supreme |
30-Apr-2026 17:06
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Look like prime going chiong up 20cents next week war ending deadline 1may
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piscesmonkey
Supreme |
30-Apr-2026 15:59
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Both prime and kopr funds buying? | ||||
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Joelton
Supreme |
07-Apr-2026 10:40
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Prime US REIT signs S& P Global as tenant for 11 years Prime US REIT has signed an 11-year lease for a 40,000 square feet space with S& P Global at one of its properties in Colorado. With this lease, the committed occupancy of Village Center Station I in Greenwood Village, Denver, will increase from 63% to around 80%. This signing follows a series of large long-term leases at other assets in the portfolio such as Park Tower in Sacramento and Waterfront at Washingtonian in Gaithersburg. The REIT says it is seeing " robust leasing interest" from tenants seeking well-positioned, amenity-rich office environments. For example, at Waterfront at Washingtonian, an incoming tenant has also given an expansion notice to add around 24,000 square feet prior to their lease commencement which will further contribute to the portfolio committed occupancy upon completion of the lease documentation. Prime US REIT units closed at 17 US cents on April 6, unchanged for the day but down 13.5% year to date. |
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Joelton
Supreme |
12-Feb-2026 10:47
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Prime US Reit H2 DPU rises to US$0.0049 on higher distributable income payout ratio Distributable income down 18.8% at US$12.1 million due largely to lower property operating income as a result of lease expiries [SINGAPORE] The manager of Prime US Real Estate Investment Trust (Reit) on Wednesday (Feb 11) posted a distribution per unit (DPU) of US$0.0049 for the second half ended Dec 31. This is an increase from the US$0.0011 DPU recorded in the year-ago period. The H2 DPU comprises an advanced distribution of US$0.0024 for the period from Jul 1 to Oct 5 that was already paid out. The remaining US$0.0025 will be paid on Mar 31, after the record date of Feb 23. Distributable income for the half-year was down 18.8 per cent at US$12.1 million, from US$14.8 million. The decline was due largely to lower property operating income as a result of lease expiries, said the manager. Revenue was down 2.2 per cent on the year at US$66 million, mainly because of lease expiries during the year. Property operating expenses was on a par with that of H2 2024 at US$32.6 million. As a result, net property income (NPI) was down 5.6 per cent year on year at US$33.4 million. For the full year, DPU rose to US$0.0061 from US$0.0029 in the year-ago period. Distributable income, meanwhile, was down 24.8 per cent on the year at US$28.7 million. Revenue declined 5.4 per cent to US$133.3 million, and NPI decreased 8.8 per cent to US$69.3 million. The manager also announced that it was increasing the distributable income payout ratio amid stronger leasing momentum and higher committed occupancy. The Reit secured about 680,000 square feet (sq ft) of leasing activities &ndash including both new and renewal leases &ndash resulting in a positive rental reversion of 5.6 per cent for the 2025 financial year. Its portfolio&rsquo s weighted average lease expiry (Wale) lengthened to 5.6 years from 4.4 years as at Dec 31, 2024, supporting stronger income visibility. Committed occupancy improved to 82.7 per cent as at Dec 31, 2025, compared with 80 per cent in the previous year. Two sizeable single-tenant leases of about 120,000 sq ft each were signed in H2 2025, and the group is working with several existing tenants on their potential expansion needs, which will improve unitholder returns, said the Reit manager. One of the two leases was for 15 years at Park Tower in Sacramento, California, which raised the property&rsquo s leased occupancy to 89.9 per cent. The other was an 11-year lease at Waterfront at Washingtonian in Maryland. Given the leasing momentum, higher occupancy and the visibility and certainty of contractual future cash flows, the manager increased the distributable income payout ratio from 10 per cent to 50 per cent for the advanced distribution. It further raised it to 65 per cent for the period beginning Oct 6. &ldquo Mindful&rdquo of rewarding unitholders The manager believes that increasing the payout ratio while retaining 35 per cent of the current distributable income can continue to ensure coverage for ongoing capital and operational needs. As rental cash flows of the majority of newly signed leases commence in H2 2026, the manager said it expects further growth in Prime US Reit&rsquo s cash property income. The trust&rsquo s year-end portfolio valuation rose 3.5 per cent on the year to US$1.4 billion, driven by higher contractual cash flows, portfolio quality and disciplined capital management, said the manager. Its aggregate leverage ratio decreased to 45 per cent in 2025, from 46.7 per cent in 2024. Rahul Rana, chief executive officer of Prime US Reit&rsquo s manager, said: &ldquo 2025 was a strong year for Prime&rsquo s leasing activities, with higher committed occupancy and longer Wale. &ldquo We have started to increase distributions in a measured way, and we remain mindful of rewarding our long-term unitholders.&rdquo The Reit manager also pointed out that investment activity in US office assets has improved, with office sales volume rising for seven consecutive quarters and total deal volume up 35 per cent. This came as credit conditions stabilised, and &ldquo buyers grew more confident around clearing prices and cap-rate levels for high-quality, well-leased assets&rdquo , it added. Units of Prime US Reit : OXMU +4.55% ended Wednesday 4.5 per cent or US$0.01 higher at US$0.23, before the release of its results. |
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JAMMIE
Member |
12-Feb-2026 09:25
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trend is your friend. look at the increasing payout. As the rates are cut more and the increase in rental reflected in earnign in 2026, it will see a gradual increase in share price. IF bought at todays level and kept for longer term you will see the div % very high. Once the share price increase the div% will be similar to today. for eg : if you think DBS and had bought it around the 2020-2021 levels, the current dividend payout % would be almost 20%-25% range relatively to your buy price. |
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asianguy
Senior |
11-Feb-2026 18:47
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Not so fantastic distribution, i was expecting more :( DPU: 0.49^ US cents (2H2024: 0.11 US cents) ▪ 0.25 US cents per unit will be payable on 31 Mar 2026 ▪ 0.24 US cents per unit was paid on 14 Nov 2025 Normalising Distributions FY2025 DPU 0.61 US cents (FY2024: 0.29 US cents) Distribution payout ratio increased to 65% |
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piscesmonkey
Supreme |
11-Feb-2026 18:17
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Wah good result | ||||
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asianguy
Senior |
11-Feb-2026 17:06
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Price of KOREREITUSD and Prime are almost the same thru out today. I have taken this opportunity to switch half of holding to the others, not to put all eggs in one basket. Which one would you experts out there prefer to hold and have brighter outlook ? |
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