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Mandarin Orchard Singapore

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 Hospitality Trust’s 3Q DPS falls 28.5% to 1.23 cents on lower retail revenue

SINGAPORE (Oct 31): OUE Hospitality Trust (OUE HT) reported higher revenue and net property income (NPI) in 3Q16 from a year ago but DPS fell 28.5% to 1.23 cents due to lower distribution income and an enlarged number of stapled securities following a rig
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