OUE REIT - Phillip Securities 2026-02-03: Prime CBD Commercial Assets Drive Performance

• 2H25/FY25 OUE REIT's DPU of 1.25/2.23 Singapore cents rose 10.6%/8.3% y-o-y, beating our expectations and representing 62.5%/111.5% of our FY25e forecast. The outperformance was driven by a 21% y-o-y decline in FY25 finance costs, stronger operational performance in the commercial segment, as well as a 49.3% y-o-y increase in joint venture contributions.
• - Read this at SGinvestors.io -

The positives

Stronger commercial performance.

• - Read this at SGinvestors.io -
• With no new Grade A office supply until 2028 and vacancy tightened to 4.5%, office fundamentals remain supportive of continued reversion.

Cost of debt has fallen significantly.

• 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:
2025-12-09 OUE REIT - Proceeds In, Gearing To Decline.

Price targets by 3 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