OUE REIT - KGI Securities 2025-11-14: Steady Core, Cheaper Debt

OUE REIT: Steady Core, Cheaper Debt

Published:
OUE REIT (SGX:TS0U) | SGinvestors.io
  • OUE REIT (SGX:TS0U) delivered a resilient 3Q25 performance, with like-for-like revenue of S$70.5mil and NPI of S$57.0mil, up 1.2% and 2.0% y-o-y respectively, reflecting the continued strength of its office and retail segments.
  • - Read this at SGinvestors.io -
  • In 1H25, OUE REIT's DPU rose 5.4% y-o-y to 0.98 cents, supported by lower finance costs and disciplined fee structures.

CBD office strength holds.

  • OUE REIT’s office portfolio remained robust with committed occupancy at 95.3% as of 30 September 2025. Average passing rent rose 0.5% q-o-q to S$10.91 psf/month, while rental reversion for 3Q25 rose 9.3%, continuing to outpace Core CBD Grade A rent growth of 0.8% q-o-q according to CBRE.
  • - Read this at SGinvestors.io -

Retail resilience intact.

  • Mandarin Gallery sustained 97.4% occupancy and achieved a 5.6% rental reversion in 3Q25. Average passing rents rose to S$22.52 psf/month, supported by curated brand activations and experiential retail strategies along Orchard Road.

Hospitality normalising from high base.

  • Read more at SGinvestors.io.





Alyssa Tee KGI Securities Research | https://www.kgieworld.sg/ 2025-11-14



Previous report by KGI:
2025-05-02 OUE REIT - Refocused, Resilient & Ready For Growth.

Price targets by 2 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






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