OUE Commercial REIT (OUE C-REIT)

SINGAPORE (Apr 8): OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE H-Trust) is proposing a merger to create one of the largest diversified S-REITs with total assets of up to $6.8 billion.

SINGAPORE (Jan 30): The manager of OUE Commercial REIT (OUE C-REIT) posted a 21.0% increase in 4Q18 DPU to 0.75 cents, compared to 0.62 cents in 4Q17.

SINGAPORE (Sept 11): OUE Commercial REIT (OUE C-REIT) shocked the market on Tuesday morning by announcing an unabashedly dilutive rights issue, one not seen among the S-REITs since Sabana Shariah Compliant Industrial REIT’s announcement in Dec 2016.

SINGAPORE (Sept 11): OUE property group is planning to dispose the office components of OUE Downtown to OUE Commercial Real Estate Investment Trust (OUE C-REIT) for $908 million on a willing-buyer and willing-seller basis.

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.

SINGAPORE (Mar 23): CIMB says the asset enhancement initiative (AEI) for One Raffles Place (ORP) is likely to improve the mall’s shopper circulation, as well as create more open retail areas with better visibility.

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.

SINGAPORE (Feb 1): OUE Commercial REIT (OUE C-REIT) on Wednesday announced that its DPU for 4Q17 has dropped 3.4% to 1.14 cents, compared to 1.18 cents in 4Q16, as a result of an enlarged unit base from the equity placement done in March 2017, bringing FY

SINGAPORE (Dec 5): OCBC Investment Research is maintaining its “hold” call on OUE Commercial REIT (OUECT) with a target price of 67 cents.

SINGAPORE (Nov 6): OCBC Investment Research is keeping its “hold” rating on OUE Commercial REIT (OUE C-REIT) with an unchanged fair value estimate of 67 cents.