Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Competition from other entities with greater financial resources for tenants and assets.
• Potential environmental liabilities arising from historic activities at properties.
• Risks associated with security breaches through cyber-attacks.
• Conflicts of interest among executive officers and directors due to their involvement in multiple KBS-affiliated entities.
• Risks associated with high debt levels.
• Risks related to the illiquidity of the company's shares.
• Risks associated with real estate investments, including tenant defaults, vacancies, and market fluctuations.
• Risks associated with investments in non-conforming and non-investment grade loans.
• Risks related to interest rate and foreign currency exposure.
• Risks associated with joint ventures.
• Risks related to REIT qualification and tax liabilities.

Mitigation Strategies

• Diversification of tenant base and geographic locations.
• Purchase of pollution and remediation legal liability insurance.
• Implementation of various measures to manage the risk of a security breach.
• Establishment of a conflicts committee composed of independent directors.
• Spreading the maturity dates of debt to minimize maturity and refinance risk.
• Share redemption program to provide liquidity to stockholders.
• Interest rate and foreign currency hedging strategies.
• Due diligence processes before making investments.
• Active management of the investment portfolio.
• Careful monitoring of REIT qualification requirements.

Climate-Related Risks & Opportunities