KBS Real Estate Investment Trust III, Inc. Estimated Value Per Share Update

KBS Real Estate Investment Trust III, Inc. announced an updated estimated value per share of its common stock at $2.70 as of December 18, 2025. This valuation is based on the net asset value as of September 30, 2025, with an adjustment for the estimated value of its investment in Prime US REIT as of November 14, 2025. The company engaged Kroll, LLC to perform appraisals on 12 real estate properties and to value its investment in Prime US REIT. The decrease in the estimated value per share from $3.89 in December 2024 is primarily attributed to a decline in the value of real estate properties, influenced by challenges in the U.S. commercial real estate market and an elevated interest rate environment. The company also reported changes in cash, investments, and debt.