The Seattle area's status as a tech hub is well established with titans such as Amazon, Microsoft and Google calling it home, but it is also proving a fertile field for a fast-growing Singapore firm.
Keppel Pacific Oak US Reit, which has 12 freehold office buildings and business campuses across the United States, derives 42.2 per cent of its rental income from the city in Washington state in the US Pacific north-west. The real estate investment trust, which listed under the name Keppel-KBS US Reit, has continued to steadily grow its portfolio, acquiring properties in Seattle and Orlando within the past year.
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