South Coast Investment Advisors is pleased to share that last month on December 10, 2015, the KBS Strategic Opportunity REIT Board of Directors announced a revised estimated value per share of $13.44. This price is based on the estimated value of the REIT’s assets less the estimated value of the REIT’s liabilities, or net asset value, divided by the number of shares outstanding as of September 30, 2015. The previous share price had been $12.24, representing a 9.80% increase.
Since inception, KBS Strategic Opportunity REIT has achieved an increase in value of 34.4% in addition to paying out 16.8% in distributions representing a total return of 51.2% to date
To view the SEC filing, CLICK HERE.
To view the valuation presentation, CLICK HERE.
If you have any questions, please contact the South Coast Office at 877-922-7242.