OUE Commercial Real Estate Investment Trust (OUE C-Reit) on Monday said its board of directors has agreed to a voluntary 10 per cent fee cut in light of the escalating Covid-19 situation.

VIRUS OUTBREAK

PROPERTY group OUE has joined a string of landlords in Singapore offering rental reliefs to tenants amid poor business brought on by the novel coronavirus outbreak.

PROPERTY group OUE has joined a string of landlords in Singapore offering rental reliefs to tenants amid poor business brought on by the novel coronavirus outbreak.

OUE Commercial Real Estate Investment Trust (C-Reit) posted a 12 per cent year-on-year rise in distribution per unit (DPU) to 0.84 Singapore cent for the fourth quarter ended Dec 31, 2019.

OUE Commercial Real Estate Investment Trust (C-Reit) has registered a distribution per unit (DPU) of 0.84 Singapore cent for the fourth quarter ended Dec 31, up 12 per cent year-on-year.

PROPERTY developer OUE Limited has inked agreements to sell Oakwood Premier OUE Singapore, its luxury serviced residences and hotel business along Shenton Way, for S$289 million in total.

THE trust scheme of arrangement for the merger of OUE Commercial Real Estate Investment Trust (C-Reit) and OUE Hospitality Trust (H-Trust) became effective and binding on Wednesday morning.

THE trust scheme of arrangement for the merger of OUE Commercial Real Estate Investment Trust (C-Reit) and OUE Hospitality Trust (H-Trust) on Wednesday morning became effective and binding.

THE court has sanctioned the proposed merger of OUE Commercial Real Estate Investment Trust (C-Reit) and OUE Hospitality Trust (H-Trust), which will take place via a trust scheme of arrangement....

THE proposed merger of OUE Commercial Real Estate Investment Trust (C-Reit) and OUE Hospitality Trust (H-Trust), via a trust scheme of arrangement, was approved by holders of both trusts on...