OUE C-REIT boosts portfolio with a billion-dollar property

12 Jun 2015 - Singapore Business Review
And why the market's not surprised. According to OCBC, currently, OUE owns 50% of OUBC, which has an 81.54% interest in One Raffles Place. As part of the above deal, it will acquire another 25%-33.33% of OUBC from Kuwait Investment Office (KIO), OUBC’s second-largest shareholder. This would lift its ...
sgx:lj3

---

In ultra-competitive Singapore, these winning firms are in a class of their own

12 Jun 2015 - Singapore Business Review
Check out who made the cut in SBR's list. Uncompromising excellence is the name of the game in Singapore’s extremely competitive corporate landscape. Singapore Business Review’s search for the republic’s most outstanding listed and international firms culminated in a grand awarding ceremony held yesterday ...
sgx:lj3 sgx:5uj sgx:z74 sgx:d03 sgx:p9d sgx:552 sgx:s51

---

OUE C-Reit to acquire majority stake in One Raffles

11 Jun 2015 - DealStreetAsia
OUE Commercial Reit (OUE C-Reit) is acquiring a majority stake in mixed-use development One Raffles Place from its sponsor OUE Limited for S$1-1.1 billion ($744,1 million – $818.56 million), at an estimated S$2,382 (US$172.45) per square foot (psf) of net lettable area, the company said in a regulatory ...
sgx:lj3 sgx:ts0u

---

OUE Commercial Real Estate Investment Trust Is Adding A Billion Dollar Property To Its Portfolio: What Does It Mean For Its Investors?

11 Jun 2015 - The Motley Fool Singapore
Yesterday evening, OUE Commercial Real Estate Investment Trust (SGX: TS0U), which is sponsored and managed by OUE Ltd (SGX: LJ3), announced a proposal to acquire a partial interest in the prime integrated commercial development One Raffles Place. OUE Commercial REIT intends to do so through the purchase ...
sgx:lj3 sgx:ts0u

---

OUE C-REIT to buy into One Raffles Place

10 Jun 2015 - Channel NewsAsia
SINGAPORE: OUE Commercial REIT on Wednesday (Jun 10) announced its plans to buy into One Raffles Place, in its maiden acquisition since its initial public offering in January last year. Under the deal, OUE Commercial REIT plans to buy a stake of between 75 per cent and 83.33 per cent in OUB Centre Limited, ...
sgx:lj3 sgx:ts0u

---

OUE's net profit plunged 91.8% to $77.2m in Q1

11 May 2015 - Singapore Business Review
Blame it on one-off gains last year. Integrated property developer OUE Limited reported that its net profit crashed 91.8% year-on-year to $77.2m in the first quarter. The group attributed the decline to the absence of one-off gains from the deconsolidation of OUE Hospitality Trust in the same period ...
sgx:lj3 sgx:sk7

---

OUE bounces back into the black with $1.1b profit in FY14

16 Feb 2015 - Singapore Business Review
Thanks the divestment of Mandarin Orchard and Mandarin Gallery. OUE Limited closed FY14 with a net profit of $1.1 billion, reversing a net loss of S$36.6 million in the previous financial year. The net profit resulted mainly from unlocking the values of Mandarin Orchard Singapore and Mandarin Gallery ...
sgx:lj3

---

Far East Hospitality Trust, OUE H-REIT most vulnerable to lower visitor arrivals, says Moody’s

16 Feb 2015 - Singapore Business Review
Aggregate earnings will grow by less than 2%. Far East Hospitality Trust and OUE Hospitality Real Estate Investment Trust are the most adversely affected by the lower visitor numbers in Singapore, a report by Moody's Investors Service stated today. Moody's conclusions were released after the Singapore ...
sgx:lj3 sgx:5tj sgx:q5t

---

OUE Achieves FY2014 Net Profit of S$1.1 Billion - PR Newswire

13 Feb 2015 - PR Newswire

sgx:lj3

---

OUE’s FY14 revenue of $71.5m falls short of analyst expectations

27 Jan 2015 - Singapore Business Review
Due to a weaker than anticipated contribution from Lippo Plaza. OUE Commercial REIT’s FY14 results seem fine, but it has to up its game with Lippo Plaza in case costs become unmanageable. According to a report by OCBC, FY14 (27 Jan 2014 to 31 Dec 2014) NPI of S$53.8m and distribution income of S$45.9m ...
sgx:lj3

---