OUE Commercial REIT (OUE C-REIT)

"We reiterate our hold rating on OUE C-REIT as we see limited scope for outperformance in the near term as the hospitality earnings outlook remains challenging," says CGS-CIMB Research.

OUE C-REIT posts 40.5% lower DPU for 1H20 despite higher distributable income

DBS Group Research analysts Rachel Tan and Derek Tan have maintained their “buy” calls on OUE Commercial REIT (OUE C-REIT) with a lower target price of 50 cents from its previous 60 cents.

The manager of OUE Commercial REIT (OUE C-REIT) has declared a distributable income of $37.6 million for 1Q2020 ended March, a 44.5% increase y-o-y from last year’s $26.0 million.

SINGAPORE (Dec 9): Singapore’s real estate investment trusts (S-REITs) continue to excite market watchers, amid a flurry of mergers and acquisitions this year.

OUECT’s latest set of financial results for 3Q19 ended September saw it register increases across several key financial metrics.  Total income available for distribution for the quarter surged 85.9% to $29.5 million, translating into a distribution

SINGAPORE (Sept 9): After 13 long weeks of protests in Hong Kong, an end to the political crisis in the Special Administrative Region may be in sight. On Sept 4, the city’s embattled leader Carrie Lam formally announced the withdrawal of the extradition

SINGAPORE (July 10): The Independent financial advisers (IFAs) of OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE-HT) have advised the directors of both trusts to recommend unitholders vote in favour of the merger at the upcoming extraordi

SINGAPORE (May 9): The manager of OUE Commercial REIT (OUE C-REIT) has declared a 1Q19 distribution per unit (DPU) of 0.9 cent, rising 47.5% from its 1Q18 restated DPU of 0.61 cent after booking a full quarter’s contribution from OUE Downtown Office, wh

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various