OUE Hospitality Trust

OUECT has been given a "buy" rating and fair value of 39 cents by OCBC Investment Research after its merger with OUEHT.

SINGAPORE (April 9): Enlarged scale was among the main reasons for the proposed merger of OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE HT), The Edge Singapore understands from attending an April 8 media briefing with the respective REIT

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) – rally

SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered.

SINGAPORE (Feb 20): RHB Research is upbeat on Singapore’s growth outlook and expects a positive “post-Budget” market reaction with a preference for exposure to the consumer, real estate, REITs and banking sectors.

SINGAPORE (Jan 5): OCBC Investment Research is maintaining its “hold” call on OUE Hospitality Trust on valuation grounds with a higher fair value estimate of 83 cents from 82 cents previously.

SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F

SINGAPORE (Nov 21): Passenger movements at Changi Airport continue to climb, registering 7.5% y-o-y growth in Sept and a 5.9% y-o-y growth for 9M17.

SINGAPORE (May 5): OCBC Investment Research and DBS Vickers Securities are both reiterating their “buy” calls on OUE Hospitality Trust (OUE HT) with a fair value and price target estimate of 75 cents and 76 cents respectively.

SINGAPORE (May 4): The manager of OUE Hospitality Trust (OUE HT) has announced a distribution per stapled security (DPS) of 1.3 cents, representing a 18.2% increase from the 1.1 cent DPS declared a year ago.