US office REITs close with double-digit growths after Trump’s return to office mandate

Felicia Tan

01-21

Units in KORE, MUST and Prime US REIT closed at 25.5 US cents, 10.1 US cents and 19.3 US cents respectively on Jan 21.

Units in US office REITs listed on the Singapore Exchange S68 (SGX) rose after US President Donald Trump issued a mandate for federal workers to return to the office full-time.

“We are going to make government work better, and that starts with bringing everyone back to the office," states Trump.

Units in Keppel Pacific Oak US REIT (KORE), which owns freehold office buildings and business campuses in cities such as Sacramento, Denver, Nashville, Dallas, Austin, Houston and Orlando, closed 3.5 US cents or 15.9% higher at 25.5 US cents on Jan 21.

Similarly, units in Manulife US REIT (MUST) closed 1.3 US cents higher or 14.77% up at 10.1 US cents on the same day. MUST owns a portfolio of 10 office properties in the states of Arizona, California, Georgia, New Jersey, Virginia and Washington D.C. On Jan 10, however, the REIT announced that it would report a loss for the FY2024 ended Dec 31, 2024, from fair value losses on its depreciating portfolio. Based on the year-end 2024 valuations, MUST’s portfolio valuation fell by 9.3% or US$116.6 million ($158.57 million) to US$1.14 billion down from US$1.25 billion as at Dec 31, 2023.

At the same time, units in Prime US REIT Oxmu, which owns 13 prime US offices across 12 key US office markets, closed 2.1 US cents higher or 12.21% up at 19.3 US cents on Jan 21.

UOB Kay Hian maintained its “buy” calls for KORE and Prime US REIT with unchanged target prices of 32 US cents and 33 US cents respectively after the executive order.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2505735792"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2505735792\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2505735792?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-21 10:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2505735792","market":"us","top_or_hot":-1,"title":"US office REITs close with double-digit growths after Trump’s return to office mandate","media":"Felicia Tan","content":"<html><body><p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/Kore+pic+_1_0.jpg\"/> Units in KORE, MUST and Prime US REIT closed at 25.5 US cents, 10.1 US cents and 19.3 US cents respectively on Jan 21.</p><p>Units in US office REITs listed on the Singapore Exchange <code>S68</code> (SGX) rose after US President Donald Trump issued a mandate for federal workers to return to the office full-time.</p>\n<p><span>“We are going to make government work better, and that starts with bringing everyone back to the office,\" states Trump.</span></p>\n<p>Units in Keppel Pacific Oak US REIT (KORE), which owns freehold office buildings and business campuses in cities such as Sacramento, Denver, Nashville, Dallas, Austin, Houston and Orlando, closed 3.5 US cents or 15.9% higher at 25.5 US cents on Jan 21.</p>\n<p>Similarly, units in Manulife US REIT (MUST) closed 1.3 US cents higher or 14.77% up at 10.1 US cents on the same day. MUST owns a portfolio of 10 office properties in the states of Arizona, California, Georgia, New Jersey, Virginia and Washington D.C. On Jan 10, however, the REIT announced that it would report a loss for the FY2024 ended Dec 31, 2024, from fair value losses on its depreciating portfolio. Based on the year-end 2024 valuations, MUST’s portfolio valuation fell by 9.3% or US$116.6 million ($158.57 million) to US$1.14 billion down from US$1.25 billion as at Dec 31, 2023.</p>\n<p>At the same time, units in Prime US REIT <code>Oxmu</code>, which owns 13 prime US offices across 12 key US office markets, closed 2.1 US cents higher or 12.21% up at 19.3 US cents on Jan 21.</p>\n<p>UOB Kay Hian maintained its “buy” calls for KORE and Prime US REIT with unchanged target prices of 32 US cents and 33 US cents respectively after the executive order.</p>\n</body></html>","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US office REITs close with double-digit growths after Trump’s return to office mandate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS office REITs close with double-digit growths after Trump’s return to office mandate\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Felicia Tan</strong><span class=\"h-time small\">2025-01-21 10:58</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/Kore+pic+_1_0.jpg\"/> Units in KORE, MUST and Prime US REIT closed at 25.5 US cents, 10.1 US cents and 19.3 US cents respectively on Jan 21.</p><p>Units in US office REITs listed on the Singapore Exchange <code>S68</code> (SGX) rose after US President Donald Trump issued a mandate for federal workers to return to the office full-time.</p>\n<p><span>“We are going to make government work better, and that starts with bringing everyone back to the office,\" states Trump.</span></p>\n<p>Units in Keppel Pacific Oak US REIT (KORE), which owns freehold office buildings and business campuses in cities such as Sacramento, Denver, Nashville, Dallas, Austin, Houston and Orlando, closed 3.5 US cents or 15.9% higher at 25.5 US cents on Jan 21.</p>\n<p>Similarly, units in Manulife US REIT (MUST) closed 1.3 US cents higher or 14.77% up at 10.1 US cents on the same day. MUST owns a portfolio of 10 office properties in the states of Arizona, California, Georgia, New Jersey, Virginia and Washington D.C. On Jan 10, however, the REIT announced that it would report a loss for the FY2024 ended Dec 31, 2024, from fair value losses on its depreciating portfolio. Based on the year-end 2024 valuations, MUST’s portfolio valuation fell by 9.3% or US$116.6 million ($158.57 million) to US$1.14 billion down from US$1.25 billion as at Dec 31, 2023.</p>\n<p>At the same time, units in Prime US REIT <code>Oxmu</code>, which owns 13 prime US offices across 12 key US office markets, closed 2.1 US cents higher or 12.21% up at 19.3 US cents on Jan 21.</p>\n<p>UOB Kay Hian maintained its “buy” calls for KORE and Prime US REIT with unchanged target prices of 32 US cents and 33 US cents respectively after the executive order.</p>\n</body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theedgesingapore.com/news/reits/us-office-reits-close-double-digit-growths-after-trumps-return-office-mandate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Felicia Tan</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KORE","symbol_name":"KORE Wireless Group, Inc.","start_time":0,"source_url":"https://www.theedgesingapore.com/news/reits/us-office-reits-close-double-digit-growths-after-trumps-return-office-mandate?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2505735792","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505735792","pubTimestamp":1737428287,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Units in KORE, MUST and Prime US REIT closed at 25.5 US cents, 10.1 US cents and 19.3 US cents respectively on Jan 21.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"KORE":"KORE Wireless Group, Inc.","MUST":"Columbia Multi-Sector Municipal Income ETF","BK4132":"无线电信业务","CFA":"VictoryShares US 500 Volatility Wtd ETF","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"特朗普重返办公室后，美国写字楼房地产投资信托基金收盘实现两位数增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA":1,"CFA.SI":1,"KORE":1,"MUST":1},"content_text":"Units in KORE, MUST and Prime US REIT closed at 25.5 US cents, 10.1 US cents and 19.3 US cents respectively on Jan 21.Units in US office REITs listed on the Singapore Exchange S68 (SGX) rose after US President Donald Trump issued a mandate for federal workers to return to the office full-time.\n“We are going to make government work better, and that starts with bringing everyone back to the office,\" states Trump.\nUnits in Keppel Pacific Oak US REIT (KORE), which owns freehold office buildings and business campuses in cities such as Sacramento, Denver, Nashville, Dallas, Austin, Houston and Orlando, closed 3.5 US cents or 15.9% higher at 25.5 US cents on Jan 21.\nSimilarly, units in Manulife US REIT (MUST) closed 1.3 US cents higher or 14.77% up at 10.1 US cents on the same day. MUST owns a portfolio of 10 office properties in the states of Arizona, California, Georgia, New Jersey, Virginia and Washington D.C. On Jan 10, however, the REIT announced that it would report a loss for the FY2024 ended Dec 31, 2024, from fair value losses on its depreciating portfolio. Based on the year-end 2024 valuations, MUST’s portfolio valuation fell by 9.3% or US$116.6 million ($158.57 million) to US$1.14 billion down from US$1.25 billion as at Dec 31, 2023.\nAt the same time, units in Prime US REIT Oxmu, which owns 13 prime US offices across 12 key US office markets, closed 2.1 US cents higher or 12.21% up at 19.3 US cents on Jan 21.\nUOB Kay Hian maintained its “buy” calls for KORE and Prime US REIT with unchanged target prices of 32 US cents and 33 US cents respectively after the executive order.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}