To The Moon

[爱你] At OUE REIT, we believe in creating meaningful impact not just in the communities we serve, but also within our own team. During our company retreat in Bangkok this August, colleagues from various departments formed teams and assembled bikes together for underprivileged children. These bikes will significantly reduce the children’s commute time between school and home, bringing them one step closer to their journey to success. Closer to home, we continued our efforts by volunteering at Willing Hearts this month, a soup kitchen non-profit organisation established in 2003. Aiming to prepare and deliver 10,000 meals a day to the underprivileged in Singapore, our team helped with various meal preparation tasks. We were also inspired by the group of long-term volunteers at Willing Hearts (

We are pleased to share that OCBC Investment Research has recently initiated coverage on OUE REIT with a ‘BUY’ call and a fair value (FV) estimate of S$0.340, citing attractive 12-month forward distribution yield of 6.9%. Key points: ✨ High-quality assets with a balanced sector mix underpins OUE REIT's ability to enhance income resilience through changing market dynamics 🔸Despite moderated growth in the commercial and hospitality segment, its strategically located assets will enable the REIT to continue absorbing demand ahead of its competitors in a potentially challenging market ✨ Strategic steps taken to restoring restore investors’ confidence and bridge the discount to its net asset value (NAV) 🔸Rebranding from OUE Commercial REIT to OUE REIT to better reflect its focus on three se

[得意]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 enhancement to appoint Hilton Group as our hotel operator, repurpose the hotel’s underutilised spaces, and transform it into Orchard Road’s largest event venue—a prime destination specifically designed for higher-yielding MICE events and the growing demand from #Bleisure travellers, who combine business with leisure travel. Spanning over 2,

At OUE REIT, we are committed to proactively optimise our asset performance to deliver sustainable return to our investors. For example, we recognised the demand for pet-friendly dining around popular pet meet-up spots like Changi Jurassic Mile, East Coast Park, and Changi Village, where options are limited. To seize this business opportunity, we have transformed the alfresco area at Allora Ristorante & Bar at Crowne Plaza Changi Airport into a welcoming space for pets and their owners. Now, guests can unwind at Allora after a day with their pets along the park connectors, and enjoy an authentic Italian dining experience featuring handcrafted pizzas, artisanal pastas, tempting antipasti, and an extensive selection of wines and cocktails. [哇塞]Find out more here: https://changiairport.cr

OUE REIT is pleased to announce stable operational performance for the financial period of 1 July 2024 to 30 September 2024 (“3Q 2024”). Revenue and net property income (“NPI”) reached S$74.8 million and S$60.3 million, respectively. [胜利]Resilient Operating Metrics: Singapore office portfolio recorded positive rental reversion of 10.8% while committed occupancy remained high at 95.4% in 3Q 2024 Hospitality segment’s revenue per available room (“RevPAR”) increased by 0.3% YoY to S$296. Mandarin Gallery average passing rent increased by 3.5% QoQ to S$21.84 psf per month [胜利]Proactive Capital Management: Aggregate leverage remained stable at 39.3% as of 30 September 2024 Well-spread debt maturity with only 6.7% total debt due in 2025 Completed first 7-year investment grade green notes issuanc

📢 OUE REIT will be releasing our 3Q 2024 business updates tomorrow after trading hour. Interested in insights from our CEO, Mr Han Khim Siew and CFO, Mr Lionel Chua on our latest performance and market outlook? Join us at the SIAS Corporate Connect webinar next Tuesday (29 Oct) at 7pm. Register here: https://portal.sias.org.sg/Event/EventDetails?Id=d54c0418-5081-ef11-ac20-000d3aa04b65&EventName=Corporate_Connect_featuring_OUE_REIT #ouereit #reits #singapore #office #hotel #retail #businessupdate #siassg #sgxgroup #corporateconnect $华联房地产投资信托(TS0U.SI)$

We are pleased to share that our wholly-owned subsidiary, OUE REIT Treasury Pte. Ltd. has successfully issued its maiden 7-year green notes (the “Notes”) of S$180 million at a 3.90% fixed rate due 2031. The Notes have been rated “BBB-” by S&P Global Ratings. Key Highlights: ✅Achieved peak orderbook of S$320 million at initial price guidance of 4.15% ✅ Offer subsequently upsized from initial target size of S$100 million to S$180 million ✅ Final pricing tightened to 3.90%, representing a 25 basis points (“bps”) compression from the initial price guidance ✅ Final orderbook stood at S$300 million (good at reoffer), representing an oversubscription of 1.7 times, with 70% allocated to institutional investors ✅ Average term of debt lengthened to 3.2 years from 2.7 years as of 30 June 2024 on

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 anticipation of the upcoming electrifying weekend, our retail and F&B tenants are gearing up for a thrilling line-up of activities to capitalise on the Formula 1 Grand Prix. [哇塞] Explore a curated collection of Grand Prix apparel at the F1 Merchandise Pop-up outside Mandarin Gallery, running now till 25 Sep 2024. Rev your engines and enjoy the rac

Ever wondered how OUE REIT provides resilience and growth amidst market uncertainties? We have a barbell strategy, with revenue almost evenly split between office (50.2%) and hospitality and retail (49.8%), providing income resilience and attractive returns.   But there’s more to our approach. Our gamma strategy is designed to thrive across market cycles, leveraging volatility to our advantage. Combined with strategically located core assets, we’re positioned defensively and ready to capitalise on the flight-to-quality trend during uncertain times.   Add to that, our proactive and timely capital management has minimised the impact of rising interest rates, strengthened our capital structure, and positioned us well in a potential interest rate-cut environment and enabling us to em

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 tha