Inactive Instrument

KBS REAL

Equities

KBRS

US48243C1099

Kbs Real Estate Investment Trust Ii, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019

August 13, 2019 at 02:46 am IST

KBS Real Estate Investment Trust II, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 27.674 million compared to USD 34.622 million a year ago. Net income was USD 26.778 million compared to USD 26.374 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.14 a year ago. For the half year, total revenue was USD 57.555 million compared to USD 70.298 million a year ago. Net income was USD 21.878 million compared to USD 25.395 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.14 a year ago.

Latest news about KBS REAL

Waterbridge Capital Ltd acquired Union Bank Plaza in Los Angeles from KBS Real Estate Investment Trust II, Inc. (OTCPK : KBRS) for $110 million.	31/23/31	CI
WB Union Plaza Holdings LLC completed the acquisition of Hines VAF UB Plaza, L.P. from KBS Real Estate Investment Trust II, Inc. for $104 million.	30/23/30	CI
WB Union Plaza Holdings LLC entered into a purchase and sale agreement to acquire Hines VAF UB Plaza, L.P. from KBS Real Estate Investment Trust II, Inc. for approximately $160 million.	22/22/22	CI
Harbor Associates, LLC cancelled the acquisition of Hines VAF UB Plaza, L.P. from KBS Real Estate Investment Trust II, Inc..	16/22/16	CI
Harbor Associates, LLC entered into an agreement to acquire Hines VAF UB Plaza, L.P. from KBS Real Estate Investment Trust II, Inc. for $165 million.	24/22/24	CI
Bridge Investment Group Holdings Inc. acquired Willow Oaks Corporate Center from KBS Real Estate Investment Trust II, Inc. for approximately $110 million.	09/21/09	CI
Menlo Equities LLC acquired Office building in Corporate Technology Centre from KBS Real Estate Investment Trust II, Inc. for $35 million.	23/21/23	CI
KBS Real Estate Investment Trust II, Inc. Authorizes Fourth Liquidating Distribution, Payable on October 5, 2021	01/21/01	CI
An unknown buyer completed the acquisition of Fountainhead Plaza in Tempe, Arizona from KBS Real Estate Investment Trust II, Inc..	20/21/20	CI
CP Group and Related Fund Management, LLC completed the acquisition of Granite Tower from KBS Real Estate Investment Trust II, Inc..	03/21/03	CI
An undisclosed buyer agreed to acquire Fountainhead Plaza in Tempe, Arizona from KBS Real Estate Investment Trust II, Inc. for approximately $120 million.	11/21/11	CI
CP Group and Related Fund Management, LLC agreed to acquire Granite Tower from KBS Real Estate Investment Trust II, Inc. for approximately $200 million.	27/21/27	CI
KBS Real Estate Investment Trust II, Inc. Announces Third Liquidating Distribution, Payable on December 30, 2020	29/20/29	CI
Thor Equities, LLC completed the acquisition of 350 Holger Way at District 237 in San Jose, California from KBS Real Estate Investment Trust II, Inc. for $50.5 million.	23/20/23	CI
Thor Equities, LLC agreed to acquire 350 Holger Way at District 237 in San Jose, California from KBS Real Estate Investment Trust II, Inc..	15/20/15	CI
Bailard Real Estate Fund, a fund managed by Bailard, Inc., acquired 250 Holger Way at District 237 in San Jose, California from KBS Real Estate Investment Trust II, Inc. for $38.3 million.	30/20/30	CI
Exan Capital acquired two buildings at District 237 from KBS Real Estate Investment Trust II, Inc. for $95.2 million.	29/20/29	CI
Kbs Real Estate Investment Trust Ii, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019	07/20/07	CI
An affiliate of Opal Holdings completed the acquisition of Class A office park comprised of six four-story building from KBS Real Estate Investment Trust II, Inc. for approximately $310 million.	22/20/22	CI
Kbs Real Estate Investment Trust Ii, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	13/19/13	CI
An affiliate of Opal Holdings agreed to acquire Class A office park comprised of six four-story building from KBS Real Estate Investment Trust II, Inc. for $320 million.	28/19/28	CI
KBS Real Estate Investment Trust II, Inc. Declares October 2019 Distribution, Payable on November 2019	17/19/17	CI
KBS Real Estate Investment Trust II, Inc. Appoints Ron D. Sturzenegger as Independent Director of the Company and as a Member of the Audit Committee, the Conflicts Committee and Special Committee	04/19/04	CI
Kbs Real Estate Investment Trust Ii, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	13/19/13	CI
KBS Real Estate Investment Trust II, Inc. Declares July 2019 Distribution, Payable on August 2019	23/19/23	CI

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Company Profile

KBS Real Estate Investment Trust, Inc. is a real estate investment trust. The Company operates through three segments: real estate, real estate-related and GKK Properties. Under the real estate segment, the Company has invested primarily in office and industrial properties located throughout the United States. Under the real estate-related segment, the Company has invested in or originated mortgage loans, mezzanine loans and other real estate-related assets, including real estate securities. As of December 31, 2016, the GKK Properties segment consisted of primarily office properties, bank branch properties, operations centers and other properties located in 16 states. As of December 31, 2016, it had owned or held a leasehold interest in 90 real estate properties. In addition, as of December 31, 2016, it had owned three real estate loans receivable and a participation interest with respect to a real estate joint venture.

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