OUE REIT Poised for Solid Year but Could Face Uncertainty in 2027

Dow Jones07-23

0555 GMT - OUE Real Estate Investment Trust seems on track to deliver solid 2026 results, but some uncertainty could emerge in 2027, says DBS Group Research's Tabitha Foo in a note. That would depend on its progress in filling a soon-to-be-vacant space in Singapore mixed-use asset OUE Downtown, she says. Near-term earnings should be supported by contributions from a new Australian-asset stake and the hospitality segment's recovery. However, its 2027 core distributions could be weighed by the departure of OUE Downtown's largest tenant and the potential sale of another Singapore development, the analyst says. That drag could be mitigated slightly by planned special distributions over two years, she adds. DBS maintains a buy rating but is reviewing its S$0.45 target price. Units rise 4.1% to S$0.38. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

July 23, 2026 01:55 ET (05:55 GMT)

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