OUE COMMERCIAL REIT- P/E : 5.5 WITH MASSIVE 8.5% DIVIDEND YIELD
@SPOT_ON:
NET property income (NPI) for OUE Commercial Reit : TS0U +4.26% (real estate investment trust) came in at S$56.6 million in the first quarter of 2023, an 18 per cent increase from the same period a year ago. Its revenue rose 14.9 per cent to S$68.4 million over the same period, driven mainly by higher contributions from the Reit’s Hilton Singapore Orchard and Singapore commercial properties, said its manager on Thursday (May 4). @Daily_Discussion @Tiger_Earnings @Tiger_SG @SR050321 @koolgal