This post will cover KORE and PRIME REIT. In recent times, these 02 REITs have posted results which shows their property portfolio are turning around. KORE has shown a slight decline in occupancy from 90.0% to 88.2%. And PRIME has maintained its occupancy at 80%.
With this, it will point to a stabilisation of their property valuation which means an unlikely scenario of breaching leverage ratio above 50%. So what remains is when will their distribution resume.
KORE Resumption will Start From FY2026 Result
As per the title; this has been confirmed by the REIT manager, what remains is the proportion of payout ratio. From the wordings, it will definitely not be 80%/90% of the distributable income because this is the end state where the REIT wants to be at.
For PRIME, while the manager has not indicated increasing its payout ratio; management call has alluded
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