OUE C-Reit units said to be priced at 80 cents each

Yield compares favourably against that of market peers: analysts

UNITS of OUE Commercial Real Estate Investment Trust (OUE C-Reit) are said to have been priced at 80 cents each, representing a dividend yield of 6.8 per cent for its $400 million initial public offering.

Bloomberg reported yesterday, citing two source with knowledge of the matter, that the yield will...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to