OUE REIT (SGX:TS0U) is one of Singapore's largest diversified REITs, with assets totalling S$6.3bn as of Dec 23. OUE REIT focuses on hospitality, retail, and office properties in major financial and business hubs.
- Read this at SGinvestors.io -
In Shanghai, OUE REIT owns one Grade-A commercial asset, Lippo Plaza, located in a prime CBD location.
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Sponsor:
Incorporated in Singapore on Feb 1964, OUE (SGX:LJ3) is listed on the Main Board of the SGX-ST. It is a diversified real estate owner, developer, and operator with properties in prime locations in Singapore, Malaysia, and the U.S.
The Sponsor Group focuses on commercial, retail, hospitality, and residential segments, developing and holding properties for investment, rental income, and sale. It operates hospitality businesses under the "Meritus", "Mandarin" and "Meritus Mandarin" brands.
Key Investment Merits:
Upside potential from AEI and repositioning, with downside protected by the master lease.
Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research. Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
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