OUE C-REIT's net property income dipped 0.3% to $34.7m in Q4

No thanks to lower rental and one-off income.

OUE Commercial REIT's (OUE C-REIT) net property income (NPI) dipped 0.3% YoY from $34.82m to $34.7m in Q4, due to lower rental income and one-off income, as well as lower operating costs.

According to its financial statement, revenue dipped 2.3% YoY from $45.02m to $43.99m. Other income rose by $0.5m due to higher income support drawdown in relation to OUE Bayfront.

Distribution income (DI) rose 14.6% YoY to $17.68m, but distribution per unit (DPU) for Q4 fell 3.4% YoY to 1.14 cents, bringing the full-year DPU to 4.67 cents.

All the properties under OUE C-REIT’s portfolio reflected higher fair values as at 31 December 2017 compared to 31 December 2016, resulting in an increase in net change in fair value of investment properties of $101.6m.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia