OUE Bayfront

OUE C-REIT to divest 50% interest in OUE Bayfront property for $1.27 bil - THE EDGE SINGAPORE

REITs

OUE C-REIT to divest 50% interest in OUE Bayfront property for $1.27 bil

The agreed value of the property represents a 26.1% premium over the purchase consideration of $1.01 billion.

Food & Beverage

A whole new level

Watch the sun set over the Marina Bay area with a cocktail, and then enjoy a sumptuous dinner at VUE

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.

Broker's Calls

OUE Commercial REIT poised to capitalise on improving market sentiments: OCBC

SINGAPORE (Jan 9): OCBC Investment Research is maintaining its “hold” call on OUE Commercial REIT (OUE CT) with a fair value estimate of 67 cents, close to one standard deviation above the three-year historical mean.

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 Commercial REIT’s 2Q DPU rises 34.7% to 1.36 cents

SINGAPORE (Aug 2): OUE Commercial REIT (OUE C-REIT) has posted a 34.7% rise in distribution per unit (DPU) of 1.36 cents for the 2Q16 ended June, compared to 1.01 cents in the same period last year.
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