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OUE REIT's 2HFY2025 DPU up 10.6% y-o-y; eyes 'targeted opportunities' in Sydney

The Edge Singapore
The Edge Singapore  • 2 min read
OUE REIT's 2HFY2025 DPU up 10.6% y-o-y; eyes 'targeted opportunities' in Sydney
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OUE REIT has reported a DPU of 1.25 cents for its 2HFY2025, an increase of 10.6% y-o-y, thanks to better operating performance of its portfolio, plus lower financing costs. This brings its full-year distribution to 2.23 cents, up 8.3% over the preceding FY2024.

For the half year ended Dec 2025, net property income dropped 2.3% to $114.2 million and revenue was down 4.2% to $142.5 million. The drop was because of the absence of contributions from Lippo Plaza Shanghai, which has been sold.

On a like-for-like basis, which excluded Lippo Plaza Shanghai, the REIT's net property income and revenue were up 5.2% and 2.9% y-o-y respectively, led by its stronger Singapore commercial portfolio and improved performance in the hospitality segment in 2HFY2025.

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