other material
confidence high
sentiment negative
materiality 0.70
KBS REIT III cancels all unmet 2022 ordinary redemptions, resumes Jan 2023
KBS Real Estate Investment Trust III, Inc.
- Oct distribution of $0.04983333/share declared, record Oct 21, payable Nov 2022.
- Ordinary redemptions exhausted as of Aug 1, 2022; all pending requests for 2022 cancelled.
- Ordinary redemptions resume Jan 31, 2023; new requests accepted from Jan 3, 2023.
- About 291,000 shares remain available for special redemptions through year-end.