other
confidence high
sentiment neutral
materiality 0.10
KBS REIT III renews advisory agreement with KBS Capital Advisors through Sept 2025
KBS Real Estate Investment Trust III, Inc.
- Renewed advisory agreement effective through September 27, 2025, with unlimited one-year renewals by mutual consent.
- Terms of the renewed agreement are identical to the prior advisory agreement.
- Either party may terminate without cause upon 60 days' written notice; immediate termination for cause or bankruptcy of Advisor.
- Agreement is between KBS Real Estate Investment Trust III, Inc. and KBS Capital Advisors LLC.