One Raffles Place

Results

OUE Commercial REIT 2Q DPU drops 7.8% to 1.06 cents

SINGAPORE (Aug 2): The manager of OUE Commercial Real Estate Investment Trust (OUE C-REIT) reported 2Q18 DPU dropped 7.8% to 1.06 cents, compared to 1.15 cents in 2Q17.

Property

One Raffles Place to undergo AEI with launch of co-working space

SINGAPORE (Mar 21): OUE Commercial REIT (OUE C-REIT) announced that One Raffles Place Shopping Mall will be undergoing an asset enhancement initiative (AEI) from mid-2018 onwards.

Results

OUE’s 3Q earnings double to $108 mil on higher sales and one-off gains

SINGAPORE (Nov 2): OUE reported 3Q earnings more than doubled to $107.6 million from $15 million a year ago, thanks to higher sales as well as divestment and other gains.

Results

OUE Commercial REIT declares 29% higher 3Q DPU of 1.32 cents

SINGAPORE (Nov 1): The manager of OUE Commercial REIT (OUE C-REIT) has declared a DPU of 1.32 cents for 3Q16, 29.4% higher than the 1.02 cents for 3Q15.

Results

OUE swings back to profitability in 2Q

SINGAPORE (Aug 4): Property group OUE swung back into the black with 2Q earnings of $25.7 million from a loss of $16.3 million a year ago.
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