KBS REIT III to Explore Strategic Alternatives, Potential NAV REIT Conversion

KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, plans to explore strategic alternatives in an effort to provide liquidity to its stockholders. The company noted that one of the strategic alternatives could be a potential conversion of the company into a NAV REIT, where shares are valued as often as daily, […]

KBS REIT III to Sell 11 Properties to Singapore REIT in Billion Dollar Deal

KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, has agreed to sell 11 properties to various subsidiaries of Prime US REIT, a newly formed Singapore real estate investment trust that is expected to be listed on the Singapore Stock Exchange. The sale price of the portfolio is $1.2 billion, and the […]