You are here

HOCK LOCK SIEW

How OUE could craft its exit strategy for OUE Downtown

One way is to split the S$1.6b mixed-use complex into four parts and sell the offices first as they have stable occupancy rate of 97%

BT_20180302_KRHOCK2_3332721.jpg
OUE Downtown on the left, comprising Downtown Gallery - a retail podium in the foreground - and two towers: OUE Downtown 1 and 2.

OUE'S full-year results released recently revealed that its revamped Downtown property in Shenton Way helped to contribute to an increase in the group's revenue.

The mixed-development's retail podium, Downtown Gallery, opened in May last year, followed by the 268-unit Oakwood Premier

sentifi.com

Market voices on:

Powered by GET.comGetCom