KORE US REIT
KORE US REIT (SES: CMOU) is trading at $0.16, about ₹15 at today's USD/INR rate, as of 25 Sep 2026, 5:04 AM ET, down 0.62% today. Indian residents can buy KORE US REIT from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.16
Today's high
$0.16
52 week low
$0.16
52 week high
$0.26
CMOU opened at $0.16, closed previously at $0.16, and has traded between $0.16 and $0.26 over the past 52 weeks.
About
Keppel Pacific Oak US REIT, known as KORE, is an established office-focused Real Estate Investment Trust, having commenced trading on the main board of the Singapore Exchange (SGX-ST) on November 9, 2017. Its core mandate involves strategically acquiring a diverse array of income-generating commercial properties and associated real estate assets throughout dynamic growth regions within the United States. KORE specifically targets areas exhibiting robust economic indicators and strong office market fundamentals, which typically surpass both the national US average and that of major gateway cities. This approach is designed to deliver consistent distributions and superior total returns to its unitholders. Management of KORE is overseen by Keppel Pacific Oak US REIT Management Pte. Ltd., a joint venture between its two principal sponsors, Keppel Capital and KPA. Currently, KORE boasts a well-diversified portfolio consisting of 13 freehold office complexes and business parks situated across eight strategically chosen, innovation and technology-driven growth markets in the US. These assets collectively hold a valuation of US$1.30 billion and encompass a substantial net lettable area exceeding 4.7 million square feet. The REIT benefits from a broad and varied tenant roster, including prominent entities within burgeoning and resilient sectors like technology, as well as medical and healthcare, which are poised to sustain and propel future expansion. Highlighting its technology-centric focus, over half of KORE's portfolio assets are strategically positioned within major tech ecosystems such as Seattle – Bellevue/Redmond, Austin, and Denver. The remaining properties are distributed among other crucial growth markets, including Houston, Dallas, Orlando, Sacramento, and Atlanta.
Key statistics
Avg. volume
746.58K
Market cap
$167.11M
P/E Ratio
40.00
Price-to-sales ratio
1.10
Enterprise value
$732.47M
Free cash flow yield
45.65%
Debt-to-equity ratio
0.83
Return on equity
0.60%
ROIC
-17.65%
Beta
1.65
Dividend yield
4.04%
Last dividend
$0.01
Financial overview
Revenue
$151.54M
Earnings per share
-$0.00
Free cash flow
$5.91M
Net profit margin
2.83%
Gross margin
51.43%
EBITDA
$63.60M
Revenue growth
6.26%
Similar securities
This is not an investment recommendation
How to buy KORE US REIT from India
Indian residents can buy KORE US REIT shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for KORE US REIT and place an order
Find KORE US REIT by name or by its ticker, CMOU, and choose an order type. KORE US REIT trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your KORE US REIT position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in KORE US REIT from India
Trading and taxes when buying KORE US REIT from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. KORE US REIT’s current yield is 4.04%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy KORE US REIT stock?
Yes. KORE US REIT (CMOU) has been listed on the Singapore Exchange since 2017, in the REIT - Office industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one KORE US REIT share cost in rupees?
One KORE US REIT share is $0.16 — about ₹15 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the KORE US REIT price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying KORE US REIT from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on KORE US REIT shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the KORE US REIT price. Paasa issues a capital-gains statement for your return.
Does KORE US REIT pay a dividend, and how is it taxed in India?
Yes. KORE US REIT pays a dividend and the current yield is 4.04%; the last declared dividend was $0.01 per share, about ₹0.62. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade KORE US REIT from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on KORE US REIT shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying KORE US REIT?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare KORE US REIT shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your KORE US REIT holding, its cost and its closing value.
How do I sell KORE US REIT and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.