The Business Times
business-time-50
TOPLINE

OUE Reit eyes higher hospitality contribution in growth push

google-preferred-sourceAdd BT as a preferred source
Raphael Lim

Raphael Lim

Published Mon, Apr 8, 2024 · 05:00 AM
    • Having a diversified portfolio with both office and hospitality assets gives OUE Reit stability and a pathway for growth, says Han Khim Siew, chief executive of the Reit's manager.
    • Having a diversified portfolio with both office and hospitality assets gives OUE Reit stability and a pathway for growth, says Han Khim Siew, chief executive of the Reit's manager. PHOTO: OUE REIT

    WHILE offices and hotels are both considered commercial assets, they have markedly different operating and investing characteristics. Having a portfolio comprising both types of properties, though, has been a key strategy for OUE Real Estate Investment Trust (Reit).

    Han Khim Siew, chief executive of the manager, eyes the benefits coming from such diversification, which provides the Reit with stability as well as a pathway for growth.

    “We like the barbell we have now,” he said.

    Toplineoue commercial reitSpotlight

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More