OUE REIT @ The Edge Singapore's REITs Investment Forum
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 optimism that S-REITs are beginning to see light at the end of the tunnel with the potential rate cuts in September.
During the panel discussion, our CEO, Mr Han Khim Siew shared how OUE REIT's barbell strategy has enabled us to provide income resilience and attractive returns. He also addressed concern about Singapore’s slowing tourism recovery, citing that visitor arrivals for January to July 2024 grew by 26.9% YoY and are on track to meet Singapore Tourism Board's target of 15 to 16 million visitors in 2024. Additionally, there is also a robust pipeline of events in 2H 2024, including the Singapore F1 Grand Prix and Singapore Fintech Festival, which would contribute to the growth momentum.
Thank you to The Edge for organising the successful Forum, as well as the great support from all participants!
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 optimism that S-REITs are beginning to see light at the end of the tunnel with the potential rate cuts in September.
During the panel discussion, our CEO, Mr Han Khim Siew shared how OUE REIT's barbell strategy has enabled us to provide income resilience and attractive returns. He also addressed concern about Singapore’s slowing tourism recovery, citing that visitor arrivals for January to July 2024 grew by 26.9% YoY and are on track to meet Singapore Tourism Board's target of 15 to 16 million visitors in 2024. Additionally, there is also a robust pipeline of events in 2H 2024, including the Singapore F1 Grand Prix and Singapore Fintech Festival, which would contribute to the growth momentum.
Thank you to The Edge for organising the successful Forum, as well as the great support from all participants!
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The official account of OUE Com Reit
OUE REIT is a SGX-listed REIT with over 92% of its assets (hotels, retail and offices) located in Singapore.
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