OUE REIT To Divest Crowne Plaza Changi Airport at 1.3% Above Valuation
Unlocks value from a mature hospitality asset ahead of the expiry of its Hotel Management Agreement and Master Lease Agreement in 2028 Delivers S$20.0 million special distributions over two years post completion Enhances DPU and Yield: Pro forma[1]...
OUE REIT Delivers Higher Revenue and NPI in 1Q 2026
Driven by Resilient Commercial Performance and Double-Digit Hospitality Growth Revenue and Net Property Income ("NPI") rose 6.7% and 8.4% year-on-year ("YoY") respectively in 1Q 2026 Finance costs declined significantly by 17.8% YoY Maiden foray...