US Portfolio Showcase // Keppel Pacific Oak US REIT

US Portfolio Showcase

Key Highlights

13 Keppel Pacific Oak US REIT U.S. Office Properties

388 Distinct Tenants

90.0% Portfolio committed occupancy as at 31 December 2024

8 Key Growth Markets Driven By Tech & Innovation

US$1.33B Portfolio Valuation

US$47.6M Income Available for Distribution in FY 2024

19.6% of Portfolio Leased in FY 2024

51.1% of Tenants in TAMI, Medical & Healthcare Sectors

43.7% Aggregate Leverage

US$78.3M Net Property Income in FY 2024

1.7%2Q 2024 Rental Reversion

29.2% Low Tenant Concentration Risk

Seattle - Bellevue/
Redmond

Washington

Combined NLA 1,608,794 SF

Combined Carrying Value US$672.3M

Portfolio Weight 50.7%

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Austin

Texas

Combined NLA 318,427 SF

Combined Carrying Value US$90.7M

Portfolio Weight 6.8%

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Denver

Colorado

Combined NLA 799,121 SF

Combined Carrying Value US$162.4M

Portfolio Weight 12.2%

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Nashville

TENNESSEE

Combined NLA 199,194 SF

Combined Carrying Value US$41.3M

Portfolio Weight 3.1%

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Houston

Texas

Combined NLA 723,453 SF

Combined Carrying Value US$122.9M

Portfolio Weight 9.3%

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Dallas

Texas

Combined NLA 457,122 SF

Combined Carrying Value US$107.0M

Portfolio Weight 8.1%

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Orlando

Florida

Combined NLA 466,438 SF

Combined Carrying Value US$91.5M

Portfolio Weight 6.9%

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Sacramento

California

Combined NLA 212,251 SF

Combined Carrying Value US$38.2M

Portfolio Weight 2.9%

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Portfolio Characteristics

Key growth markets with positive economic and office fundamentals

Exposure to the fast-growing TAMI, medical and healthcare sectors

Attractive location and on-site amenities that decision makers and talent desire

High quality lease and financing structures that offer stability

Proximity to prestigious universities and educated talent pools

Accessibility to alternative transit options

Well-Diversified
Tenant Base

Resilient portfolio with low tenant concentration risk

Keppel Pacific Oak US REIT's attractive freehold office buildings and business campuses are popular, especially among tenants in the tech hubs of Seattle - Bellevue/Redmond, Austin, and Denver, which contribute over 67% of net property income. It has over 380 distinct tenants, with no single tenant accounting for more than 4.0% of the portfolio. The REIT's top 10 tenants contribute only 29.2% of cash rental income.