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OUE REIT (SGX:TS0U) delivered a strong set of 1H26 results, with DPU up 29% y-o-y to 1.26 cents, accounting for ~52% of DBS and consensus full-year estimates. The outperformance was largely driven by stronger hospitality performance, contribution from Salesforce Tower and lower-than-expected finance costs.
- - Read this at SGinvestors.io -
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Share of results of joint venture and associate rose to SGD 10.4mil, supported by the acquisition of 19.9% interest in Salesforce Tower in March 2026 and higher contribution from OUE Bayfront due to interest savings (refinancing completed in August 2025).
- - Read this at SGinvestors.io -
Our view:
- Read more at SGinvestors.io.
Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.
Tabitha FOO DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-07-24
Previous report by DBS:
2026-07-13 OUE REIT - Navigating Deloitte's Exit.
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
