Both OUE C-REIT and OUE HT currently have limited liquidity. As such, the higher market cap could potentially result in higher trading liquidity and potential index inclusion, say their managers in a joint announcement issued on Monday.
SINGAPORE (April 9): Enlarged scale was among the main reasons for the proposed merger of OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE HT), The Edge Singapore understands from attending an April 8 media briefing with the respective REITs managers and their investment bankers.
A portfolio valued at $6.8 billion and free float of $1.08 billion would make the enlarged REIT more visible to institutional investors.
