Crowne Plaza Changi Airport (CPCA)

Broker's Calls

This hospitality REIT is a top pick amid ‘spectacular’ DPU growth

SINGAPORE (Aug 2): OCBC Investment Research is rating OUE Hospitality Trust (OUEHT) as its top pick among the hospitality REITs, after OUEHT on Tuesday posted a “blockbuster” 31.5% growth in distribution per unit (DPU).

Broker's Calls

Multiple catalysts in the works for OUE Hospitality Trust

SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.

Results

OUE Hospitality Trust posts 18.2% increase in 1Q DPS of 1.3 cents

SINGAPORE (May 4): The manager of OUE Hospitality Trust (OUE HT) has announced a distribution per stapled security (DPS) of 1.3 cents, representing a 18.2% increase from the 1.1 cent DPS declared a year ago.
OUE Hospitality Trust (OUE H-Trust) Crowne Plaza Changi Airport (CPCA) extension

Broker's Calls

Keeping the Crowne on OUE Hospitality Trust

SINGAPORE (Jan 26): OCBC Investment Research is keeping OUE Hospitality Trust at “buy” with a higher fair value estimate of 75 cents, from 73 cents previously, on the back of gains from Crowne Plaza Changi Airport (CPCA).

Results

OUE H-Trust posts 39.5% lower 2Q DPU of 0.92 cent on lower revenue

SINGAPORE (Aug 1): OUE Hospitality Trust (OUE H-Trust) has declared a distribution per stapled security (DPU) of 0.92 cents for 2Q16, 39.5% lower from 1.52 cents a year ago.

Crowne Plaza Changi Airport increases capacity by 75% with new wing

SINGAPORE (Aug 1): Crowne Plaza Changi Airport (CPCA) on Monday opened its 10-storey extension, which will add 243 rooms to its existing 320 and increase total capacity by 75.9%.
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