OUE REIT To Divest Crowne Plaza Changi Airport at 1.3% Above Valuation

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]...

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