OUE REIT Management Pte. Ltd.
OUE Real Estate Investment Trust (“OUE REIT”), formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs (“S-REITs”) with total assets of S$6.0 billion as of 31 December 2022.
See below for the OUE REIT Management Pte. Ltd. News, Analysis, Profit Results, Share Price Information, and Commentary.
OUE REIT posts $57.6m Q1 NPI, up 8.4% on hospitality gains
OUE REIT posts $57.6m Q1 NPI, up 8.4% on hospitality gains
Revenue rose 6.7% as hospitality gains 16.8% and office rents stay resilient.
OUE REIT expands office space with 2,100 sq m Bayfront conversion
The $43m project is expected to deliver over 11% ROI.
OUE REIT says Salesforce Tower deal not yet final
Its investment unit said it is only currently negotiating with Mitsubishi Estate Asia.
OUE REIT’s net property income down 5.6% YoY in Q3
Its revenue declined 5.8% during the period.
Suntec, Keppel, OUE REITs report strong office occupancy in 2024
Return-to-office and demand for subdivided space lifted OUE REIT’s portfolio reversion.
OUE REIT posts 2.3% NPI decline to $116.9m in H2 2024
This was due to the upward revision of prior years’ property tax for Hilton Singapore Orchard and Crowne Plaza Changi Airport.
OUE REIT's treasury unit issues first seven-year green notes
It issued the issued the notes at a 3.90% fixed rate.
OUE REIT prices $180m green notes due 2031
Proceeds will be used to fund OUE REIT’s green projects.
SBR National Business Awards 2024 Winner: OUE REIT Management Pte. Ltd.
OUE REIT Management, under CEO Khim Siew Han, has increased sustainability-linked loans to 70% and achieved 96% green-certified assets.
OUE REIT Treasury prices $250m green notes at 4.10%
The notes will mature in 2027.
OUE REIT Management honoured with SBR National Business Award in Commercial Real Estate Trust category
It adopted ESG principles, accelerating the integration of green financing into its capital management framework.
OUE REIT secures $600m sustainability-linked loan
The REIT will use the loan to repay debt due in 2025.
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