KBS Real Estate Investment Trust III Inc
kbs-cmg.comWhat Do They Do?
Owns and manages office properties leased to commercial tenants, and holds an investment in a Singapore real estate investment trust.
10-K for FY2025, filed Mar 27, 2026We have invested in a diverse portfolio of real estate investments. As of December 31, 2025, we owned 12 office properties and an…View ↗
As our advisor, KBS Capital Advisors manages our day-to-day operations and our portfolio of real estate investments. KBS Capital Advisors…View ↗
We have acquired and manage a diverse portfolio of core real estate properties. Our primary investment focus was core office properties…View ↗
We also own an investment in the equity securities of the SREIT. On July 18, 2019, we sold 11 of our properties (the “Singapore Portfolio”)…View ↗
We have a stable tenant base and we have tried to diversify our tenant base in order to limit exposure to any one tenant or industry. Our…View ↗
How Do They Make Money?
The company earns contractual rent from tenants leasing its office properties and receives proceeds when it sells real estate.
10-K for FY2025, filed Mar 27, 2026(1) Annualized base rent represents annualized contractual base rental income as of December 31, 2025, adjusted to straight-line any…View ↗
We have a stable tenant base and we have tried to diversify our tenant base in order to limit exposure to any one tenant or industry. Our…View ↗
The Company follows the guidance of ASC 610-20, Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (“ASC…View ↗
$250M
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10-K for FY2025, filed Mar 27, 2026
$250M ↗
Who Are Their Customers?
Tenants lease space in the company's real estate properties.
10-K for FY2025, filed Mar 27, 2026We have a stable tenant base and we have tried to diversify our tenant base in order to limit exposure to any one tenant or industry. Our…View ↗
Do Revenues Turn Into Profits?
No. It lost $78.8M in FY2025.
10-K for FY2025, filed Mar 27, 2026
10-K for FY2025, filed Mar 27, 2026
−$78.8MView ↗
How Are They Changing?
Shrinking. Revenue fell 16% in 4 years, from $296.8M in FY2021 to $250M in FY2025, about 4% a year.
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