oue reit

OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney

There is no certainty that any transaction will materialise at this juncture, says manager

The loan may be used to refinance the Reit’s other existing unsecured loan facilities.

OUE Reit gets S$100 million unsecured loan facility

Proceeds will be used for capital expenditure, working capital and general funding purposes

S-Reits' unit prices have rebounded this year, but some analysts note that their performance lags that of the broader Singapore market.
REIT WATCH

S-Reits set for best year since 2019 with 14.7% total returns in the year to date

Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date

The manager of OUE Reit reports that its gearing stands at 40.9% as at Sep 30, up from 40.3% as at Jun 30.
BROKERS’ TAKE

Maybank upgrades OUE Reit to ‘buy’ amid lower cost of debt in Q3

Target price is raised to S$0.38 from S$0.30 previously

Suntec City Mall's Q3 rental reversion stands at 8.6%, moderating from 21.6% in the preceding quarter.
REIT WATCH

Q3 reporting season kicks off with growth in S-Reits’ distributions

[SINGAPORE] The latest earnings season for Singapore-listed real estate investment trusts (S-Reits) has commenced, with seven trusts reporting their latest financial results or business updates over t...

Janssen's appointment comes as Singapore’s tourism sector enters a new phase of growth.

Hilton Singapore Orchard appoints new general manager

The 1,080-room hotel, one of OUE Reit’s key hospitality assets, will be led by Michael Janssen

Notes are set to be listed on the SGX on Thursday and are expected to be recognised under the SGX Sustainable Fixed Income initiative.

OUE Reit unit issues S$150 million green notes due 2032 at 2.75%; offering 2.8 times oversubscribed

Net proceeds will go exclusively towards projects that meet at least one eligibility category in the real estate investment trust’s green financing framework

OUE Reit's net property income falls 12.1% on the year to S$53.2 million for Q1 2025, from S$60.5 million.

OUE Reit posts 11.9% fall in Q1 revenue to S$66 million

This is mainly due to the divestment of Lippo Plaza in Shanghai, China, as well as lower contributions from the hospitality segment