oue reit
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
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...
OUE Reit’s Q3 NPI falls 5.6% to S$57 million on Shanghai asset sale
Revenue also drops 5.8% to S$70.5 million
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
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 H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
This is as revenue and net property income slide
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
OUE Reit’s H2 DPU increases 8.7% to S$0.0113
The amount to be distributed to unitholders increases 8% on year to S$62.4 million
OUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
It is expected to reap net proceeds of about S$318.2 million from the transaction
OUE Reit Q3 net property income drops 3.7% to S$60.3 million
The Reit records revenue of $74.8 million, down 1.3 per cent year on year
