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OUE C-Reit Q3 DPU buoyed by One Raffles Place stake

Wednesday, November 2, 2016 - 05:50

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The committed occupancy of OUE C-Reit's portfolio - comprising One Raffles Place (above) and OUE Bayfront in Singapore and Lippo Plaza in Shanghai - remains stable at 94.4 per cent as at Sept 30, from 94.5 per cent a quarter ago.

Singapore

OFFICE landlord OUE Commercial Reit (OUE C-Reit) posted a 29.4 per cent year-on-year jump in distribution per unit (DPU) to 1.32 Singapore cents for the third quarter ended Sept 30, buoyed mainly by the contribution from its majority stake in One Raffles Place.

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