OUE REIT's 2023 Annual Report – "10 AND BEYOND" Check out 's latest Annual Report 2023 as we celebrate a decade of growth and resilience! Here's a sneak peek into this year's report: [微笑]Chairman's Letter to Unitholders[微笑] Walk down memory lane with our Chairman, Mr. Lee Yi Shyan, as he shares our remarkable journey over the past 10 years. [微笑]One-on-One with the CEO[微笑] Get up close with our CEO, Mr. Han Kim Siew, and learn more about OUE REIT's key achievements in FY 2023, as well as our outlook and strategies. Risk and Opportunities: Gain clarity on how we navigate the ever-evolving operating environment and seize opportunities for success. [微笑]Risk and Opportunities[微笑] Gain clarity on how we navigate the ever-evolving operating environment and seize opportunities for success. [
Syfe adds OUE REIT to its REIT+ portfolio We're excited to share that OUE REIT has been included in the @Syfe REIT+ portfolio. The Syfe REIT+ portfolio tracks the performance of iEdge S-REIT Leaders Index. As OUE REIT was included into the iEdge S-REIT Leaders Index due to its improved liquidity, Syfe REIT+ portfolio had followed suit. To read more: https://www.theedgesingapore.com/capital/reits/syfe-drops-starhill-global-reit-reit-portfolio-adds-oue-reit $华联商业信托(TS0U.SI)$
INVESTOR-ONE: The REITs That Would Benefit from Taylor Swift's Concert in Singapore Taylor Swift's "The Eras Tour" was expected to dra$w tens of thousands of fans from across the region. However, not all S-REITs are poised to benefit from the surge. For investors seeking exposure to the tourism industry and looking to tap into the excitement surrounding the Taylor Swift concert, the following Singapore hospitality REITs are worth considering: In the 2H2023, OUE REIT's two Singapore-based hotels generated S$51.4 million, marking a 48.5% increase year over year and positioning them as significant contributors to the total revenue. Read more: https://www.investor-one.com/editorial/24896-The-REITs-That-Would-Benefit-from-Taylor-Swifts-Concert-in-Singapore#:~:text=Furthermore%2C%20Far
CEO Interview: OUE REIT's Operational Strengths and Market Outlook- Investor-One Following our 2H & FY 2023 results release, our CEO, Mr. Han Khim Siew shed light on OUE REIT's strategic directions, operational strengths, capital management practices and market outlook in a recent conversation with Investor-One. Regarding investment strategy, there is a preference for organic growth due to the rising cost of borrowing. Mr. Han highlighted that organic growth, particularly through asset enhancement, can yield attractive returns. Going forward, OUE REIT will also explore opportunities in the hospitality sector, attracted by its higher yields and dynamic pricing model. Read more: https://www.investor-one.com/editorial/24656-CEO-Interview-OUE-REITs-Operational-Strengths-and-Market-Outlo
Our CEO, Mr. Han Khim Siew, recently spoke on CNBC's Squawk Box Asia and shared how OUE REIT's diversified portfolio delivered robust FY 2023 final results. Post-pandemic, our hospitality segment has emerged as OUE REIT's key growth engine and has achieved remarkable performance, especially following the successful rebranding of the Hilton Singapore Orchard. While the commercial real estate market may be struggling globally, our Singapore-focused Grade-A office assets continue to perform well. Check out the video to learn more: https://www.cnbc.com/video/2024/01/30/oue-commercial-real-estate-portfolio-should-still-see-growth-this-year.html $华联商业信托(TS0U.SI)$
DBS keeps OUE REIT at 'buy', mulls asset recycling before new acquisitions Rachel Tan and Derek Tan of DBS Group Research have kept their "buy" call and 35 cents target price for OUE REIT $华联商业信托(TS0U.SI)$ , as they expect recovery to continue and therefore further upside for investors. Read more: https://www.theedgesingapore.com/capital/brokers-calls/dbs-keeps-oue-reit-buy-mulls-asset-recycling-new-acquisitions
OUE REIT is pleased to announce robust results for the financial period 1 July 2023 to 31 December 2023 (“2H 2023”), with net property income (“NPI”) rising 15.9% year-on-year (“YoY”) to S$119.7 million, underpinned by the full reopening of Hilton Singapore Orchard and the resilient performance of Singapore commercial portfolio. Key highlights: [微笑] Core 2H 2023 DPU rose 8.3% YoY [微笑] Portfolio valuation increased by 1.7% YoY to S$6,276.5 million as of 31 December 2023, underpinned by higher valuations for the hotel properties and stable valuation of Singapore offices [微笑] Aggregate leverage decreased by 1.2 ppt QoQ to 38.2% as of 31 December 2023 with no further refinancing requirements until 2025 [微笑] Overall hospitality segment revenue and NPI increased 48.5% and 52.2% YoY respectively
The Edge Broker's Call: OUE Commercial REIT ready to receive travellers with renovated Hilton Singapore Orchard, Changi Airport hotel: UOBKH OUE Commercial REIT (OUECT) $华联商业信托(TS0U.SI)$ completed enhancements for Hilton Singapore Orchard (HSO) in January 2023 and Crowne Plaza Changi Airport (CPCA) this month. With these asset enhancement initiatives (AEI) in place, OUECT is ready to receive the rising numbers of leisure and business travellers visiting Singapore, says UOB Kay Hian Research (UOBKH). Read more: https://www.theedgesingapore.com/capital/brokers-calls/oue-commercial-reit-ready-receive-travellers-renovated-hilton-singapore
Our CEO Mr. Han Khim Siew, recently spoke to Kenny Loh from REITsavvy to share his insights on OUE Commercial REIT $华联商业信托(TS0U.SI)$ as well as to answer some common questions from the investors, including: [微笑] What is so special about OUE Commercial REIT? [微笑] How does OUE Commercial REIT prepare for the recovery of the hospitality sector? [微笑] Is OUE Commercial REIT a value trap REIT? [微笑] Why should investors choose OUE C-REIT? Click the link below to find out more: https://reitsavvy.com/insights/reitside-talk-with-han-khim-siew-oue-commerical-reits-ceo
The Business Times: Hospitality, retail sectors to gain from freer Singapore-China visa rules $华联商业信托(TS0U.SI)$ SINGAPORE-LISTED stocks in the hospitality, transport and retail sectors are set for a boost with the relaxation of visa regulations between China and Singapore next year. Hospitality real estate investment trusts (Reits), including those with a presence in the region, are set to gain from the influx of Chinese tourists, said analysts. Peggy Mak, research manager at Phillip Securities Research, said Reits with a higher share of domestic and regional hotel accommodation facilities, such as Frasers Hospitality and OUE Commercial, could record higher revenue per available room (RevPAR) on the back of bumped-up occupancy r