OUE Downtown

(Nov 11): AMTD Group is eyeing a virtual banking licence in Singapore but, before it has even put in an application, it has already established a significant physical presence in the city state.

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

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 (March 9): OUE Commercial REIT has launched a placement exercise to issue 233.3 million units at 64.3 cents each to raise gross proceeds of $150 million.

SINGAPORE (Nov 2): OUE reported 3Q earnings more than doubled to $107.6 million from $15 million a year ago, thanks to higher sales as well as divestment and other gains.

SINGAPORE (Oct 7): Real-estate owner, developer and operator Overseas Union Enterprise (OUE) Limited has signed a management agreement which will see Oakwood Asia Pacific, a division of Oakwood Worldwide, running the new serviced residents at the upcoming

SINGAPORE (Aug 10): OCBC has maintained its “buy” call for developer OUE, with a target price of $2.17.