Keppel Pacific Oak US REIT Management Pte. Ltd., as manager of Keppel Pacific Oak US REIT, announced on Dec, 30 2025 that Perpetual (Asia) Limited, trustee of the REIT, has secured a term loan facility of US$115 million under a facility agreement signed the same day.

Under the agreement, the outstanding amount must be repaid within 10 business days if either the manager is replaced or its current shareholders cease to hold all of the manager’s issued shares, events defined as “Mandatory Prepayment Events.” If such an event occurs, about US$820 million of the REIT’s aggregate loan facilities could be subject to mandatory repayment.

The manager confirmed that none of these conditions has been breached as of the announcement date.