Company Prime US REIT

Equities

OXMU

SGXC75818630

Commercial REITs

Delayed Singapore S.E. 11:15:05 2024-04-18 pm EDT 5-day change 1st Jan Change
0.11 USD -3.51% Intraday chart for Prime US REIT -10.57% -49.59%

Business Summary

Prime US REIT (PRIME) is a Singapore-based diversified real estate investment trust (REIT) focused on stabilized income-producing prime office assets in the United States. PRIME owns and invests, directly or indirectly, in a portfolio of income-producing office real estate markets in the United States, as well as real estate-related assets. The Trust objective is to achieve long-term growth in distributions per unit and net asset value per unit (NAV) while maintaining a robust capital structure. PRIME offers investors exposure to a high portfolio of 14 Class A freehold office properties that are strategically located in 13 key United States office markets. The properties include Tower I at Emeryville, 222 Main, Village Center Station I, Village Center Station II, 101 South Hanley, Tower 909, Promenade I & II, CrossPoint, One Washingtonian Center, Reston Square, Park Tower, Sorrento Towers and One Town Center. It serves markets such as Utah, Texas, Missouri, Georgia, and others.

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental
77.2 %
128 78.3 % 123 77.2 % -3.35%
Recoveries
16.7 %
27 16.4 % 27 16.7 % -0.50%
Other
6.1 %
9 5.2 % 10 6.1 % +14.22%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
163 100.0 % 160 100.0 % -1.97%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 20-05-21
Director of Finance/CFO 40 23-09-24
Investor Relations Contact - -
Corporate Secretary - 22-07-21

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 20-08-03
Chairman 70 19-06-27
Director/Board Member 47 18-07-25
Director/Board Member 54 22-05-19
Director/Board Member 65 19-11-07
Director/Board Member 60 22-07-21
Director/Board Member 60 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,308,259,171 965,732,102 ( 73.82 %) 0 73.82 %

Shareholders

NameEquities%Valuation
KBS Realty Advisors LLC
18.15 %
237,426,089 18.15 % 32 M $
Temasek Holdings Pte Ltd. (Investment Management)
12.59 %
164,687,735 12.59 % 22 M $
68,750,000 5.255 % 9 M $
Steppe Investments Pte Ltd.
5.228 %
68,400,200 5.228 % 9 M $
Cuscaden Peak Pte. Ltd.
2.538 %
33,199,100 2.538 % 5 M $
24,397,352 1.865 % 3 M $
KBS US Prime Property Management Pte Ltd.
0.9815 %
12,840,598 0.9815 % 2 M $
IFast Financial Pte Ltd. (Investment Management)
0.5420 %
7,091,273 0.5420 % 964 413 $
AHAM Asset Management Bhd.
0.4333 %
5,668,390 0.4333 % 770 901 $
Aah Investment Pte Ltd.
0.3573 %
4,675,000 0.3573 % 635 800 $

Company contact information

Prime US REIT

1 Raffles Place No. 40-01 One Raffles Place

048616, Singapore

+

http://www.primeusreit.com
address Prime US REIT(OXMU)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
0.114 USD
Average target price
0.2409 USD
Spread / Average Target
+111.32%
Consensus

Annual profits - Rate of surprise