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Moody's assigns Ba1 rating to OUE C-Reit

Provisional corporate family rating takes into account the Reit's weak financial profile and limited financial flexibility

The OUE Bayfront property has total net lettable area (NLA) of about 37,381.8 square metres (sqm), and committed occupancy rate of 95.9 per cent for its office component and 100 per cent for its retail component - PHOTO: OUE BAYFRONT


MOODY'S Investor Service has assigned a provisional Ba1 corporate family rating to OUE Commercial Real Estate Investment Trust (OUE C-Reit), noting that while it has a portfolio of high-quality and strategically located assets in Singapore and China, the Reit's weak financial...