Pacific Oak Subsidiary Files First-Quarter Financials

The filings reflect Pacific Oak's obligations under Israeli securities law following multiple bond issuances abroad.

June 03, 2025

Financial update for Pacific Oak's Israeli bond investors

Pacific Oak Strategic Opportunity REIT, Inc. has released its latest financial update—this time through its offshore arm, Pacific Oak SOR (BVI) Holdings, Ltd. The report covers the first quarter of 2025 and supports the company’s compliance with regulatory requirements tied to its bond offerings in Israel.

Since 2020, the BVI subsidiary has issued Series B, C, and D bonds to Israeli investors. These bonds were registered with the Israel Securities Authority, and with that comes the responsibility to file financials using International Financial Reporting Standards (IFRS). To meet that obligation, the BVI submitted both consolidated and separate interim financial statements for the quarter ending March 31, 2025.

Regulatory delivery and reporting structure

These reports—translated into English—were included in Pacific Oak’s recent submission to the SEC on June 2. But it’s worth noting that the company didn’t file them in the traditional sense. Instead, they were furnished , meaning they’re made available for transparency but don’t carry the same regulatory weight under U.S. securities law.

Still, the takeaway is clear: Pacific Oak continues to meet its cross-border reporting commitments. That includes providing Israeli investors with timely, accurate financial disclosures for the bond programs they’ve backed. It also reflects the company’s broader operational footprint, where U.S. and international requirements intersect.

Looking ahead

The financial statements give investors an early look at how the BVI subsidiary performed in Q1, setting the stage for deeper analysis as full-year reporting progresses. For now, the company remains in step with its regulatory timeline—keeping both domestic and overseas stakeholders informed and aligned.