OUE REIT - OCBC Investment Research 2025-07-24: Holding Steady In Uncertain Times

• OUE REIT's 1H25 revenue and net property income (NPI) fell 10.6% and 10.1% y-o-y to S$131.1m and S$105.3m, respectively, largely due to the divestment of Lippo Plaza in Shanghai.

OUE REIT’s 1H25 results met our expectations.

• - Read this at SGinvestors.io -
• OUE REIT's 1H25 DPU improved 5.4% y-o-y to 0.98 Singapore cents, constituting 50.2% of our initial full year forecast; if the effects of capital distribution released in 1H24 are excluded, core DPU would have risen 11.4% y-o-y.

Continued divergence in performance from the commercial and hospitality segments.

Hospitality segment remained soft –

• - Read this at SGinvestors.io -

Commercial segment surprised to the upside –

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Previous report by OCBC:
2025-04-25 OUE REIT - A Tale Of Two Cities.

Price targets by other brokers at OUE REIT Target Prices.

Listing of research reports at OUE REIT Analyst Reports.

Relevant links:
OUE REIT Share Price History,
OUE REIT Announcements,
OUE REIT Dividend Payout Dates & Corporate Actions,
OUE REIT News