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📅Date: Wednesday, 12 February 2025
🕧Time: 6.00pm - 7.00pm...
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Our CEO, Mr Han Khim Siew, recently joined CNBC’s Squawk Box Asia, hosted by Sri Jegarajah and John Patrick Ong to discuss our 2H 2024 results, the successful divestment of Lippo Plaza in Shanghai as well as the sector outlook in 2025.
Resilient Performance Despite Heightened Macroeconomic
✅2H DPU increased by 8.7% YoY to 1.13 Singapore cents
✅Revenue increased by 1.7% YoY to S$148 million in 2H 2024, underpinned by the stable operati...
Resilient Performance Despite Heightened Macroeconomic
✅2H DPU increased by 8.7% YoY to 1.13 Singapore cents
✅Revenue increased by 1.7% YoY to S$148 million in 2H 2024, underpinned by the stable operati...
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Located in the vibrant Orchard Road shopping belt and close to major medical hubs, Hilton Singapore Orchard ("HSO") has long been a key beneficiary of both leisure and medical tourism. However, revenue contributions can be variable due to seasonal factors, particularly when the hotel lacks support from #MICE (Meetings, Incentives, Conventions, and Exhibitions) and corporate travellers.
Recognising this, OUE REIT took the opportunity during the asset...
Recognising this, OUE REIT took the opportunity during the asset...
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Formula 1 Singapore Grand Prix is just around the corner and as always, there's plenty for OUE REIT to look forward to!
With the influx of tourists and MICE travellers during the Grand Prix season, our two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are well-positioned to benefit. Moreover, the event's ripple effects also extend to our retail sector, generating increased activities and footfall across our portfolio.
In anticipat...
With the influx of tourists and MICE travellers during the Grand Prix season, our two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are well-positioned to benefit. Moreover, the event's ripple effects also extend to our retail sector, generating increased activities and footfall across our portfolio.
In anticipat...
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What a great turnout of more than 140 attendees at The Edge Singapore's REITs Investment Forum last week!
Mr Geoff Howie kick-started the forum by sharing encouraging statistics on S-REITs' outlook and performance. In particular, in 2H 2024 (to 16 Aug), institutions have reversed 6% of the S$1 billion of net outflow in 1H 2024, with OUE REIT seeing one of the biggest partial reversals.
Similarly, Ms Nupur Joshi, CFA also expressed her optim...
Mr Geoff Howie kick-started the forum by sharing encouraging statistics on S-REITs' outlook and performance. In particular, in 2H 2024 (to 16 Aug), institutions have reversed 6% of the S$1 billion of net outflow in 1H 2024, with OUE REIT seeing one of the biggest partial reversals.
Similarly, Ms Nupur Joshi, CFA also expressed her optim...
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We are pleased to share that DBS Bank, 凯基证券 KGI SECURITIES, Maybank, and Phillip Capital have expressed their confidence in OUE REIT by maintaining a 'BUY' call following our 1H 2024 results announcement. Meanwhile, CGS International Securities Singapore also maintained their 'Hold' call with an unchanged target price.
Post-results, Beansprout initiated coverage on OUE REIT, citing the underrated growth potential, with DPU expected to rebound in FY 2025.
Key analysts takeaways:
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OUE REIT's unde...
Post-results, Beansprout initiated coverage on OUE REIT, citing the underrated growth potential, with DPU expected to rebound in FY 2025.
Key analysts takeaways:
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OUE REIT $OUEREIT (TS0U.SG)$ Delivered Continued Revenue and NPI Growth in 1H 2024
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Revenue and net property income increased by 5.7% and 1.6% YoY to S$146.7 million and S$117.1 million, respectively, mainly driven by higher contribution from the hospitality segment, and the stable performance of Singapore commercial properties
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Singapore office properties achieved positive rental reversions of 11.7% in the second quarter of 2024, with c...
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Thank you Lim & Tan Securities for inviting OUE REIT to speak at their investors' webinar tomorrow!
During the webinar, our CEO, Mr. Han Khim Siew, will discuss the 1Q business update and participate in a live Q&A session moderated by En Jie Chan, Equity Research Analyst at Lim & Tan Securities.
See below the Zoom link and passcode if you are keen to join.
Date: 21 May, 2024
Time: 12:00 Noon (Singapore time)
Join Zoom Meeting:
https://us06web.zoom.us/j/8390...
During the webinar, our CEO, Mr. Han Khim Siew, will discuss the 1Q business update and participate in a live Q&A session moderated by En Jie Chan, Equity Research Analyst at Lim & Tan Securities.
See below the Zoom link and passcode if you are keen to join.
Date: 21 May, 2024
Time: 12:00 Noon (Singapore time)
Join Zoom Meeting:
https://us06web.zoom.us/j/8390...
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The REITs Symposium has always been a great platform for OUE REITto connect with investors. This year, we were particularly excited to join the event again and celebrated our 10th Anniversary together with participants on-site.
During the event, our team shared insights into our strength of having both hotels and offices in our portfolio. We also detailed our commitment to prudent capital management, as well as how we continued to deliver sustainable growth and lon...
During the event, our team shared insights into our strength of having both hotels and offices in our portfolio. We also detailed our commitment to prudent capital management, as well as how we continued to deliver sustainable growth and lon...
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