OUE REIT - Phillip Securities 2025-12-09: Proceeds In, Gearing To Decline

• OUE REIT (SGX:TS0U) remains supported by strong performance across its segments.
  • The office segment has observed the flight-to-quality trend, which has contributed to strong rental reversions (3Q25: 9.3%).
  • - Read this at SGinvestors.io -
  • The hospitality segment has an optimistic long-term outlook due to its attractive sponsor pipeline, efforts to secure more MICE business, and active management of room rates.
• Net divestment proceeds of S$318mil from the sale of Lippo Plaza Shanghai have been repatriated to Singapore. Although the use of proceeds has not yet been finalised, priority will be given to debt repayment.
• OUE REIT has also made progress on its acquisition plan, screening opportunities in Japan and Australia. It has been indicated that Australia remains the preferred market for office assets.

Lippo Plaza divestment proceeds are in.

• - Read this at SGinvestors.io -
• Management guides that leverage will fall from 40.9% to 37.7% if all of Lippo’s divestment proceeds are used to pare debt. SORA has also continued its downward trend, with 3M SORA declining to 1.3% as of 5 December 2025, representing a 58.8% drop year-to-date. This reflects a lower base borrowing rate for OUE REIT.

Progress in the acquisition plan.

• 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/.

Previous report by Phillip:
2025-07-28 OUE REIT - DPU Growth From Financing Savings.

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