You are here

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...