SINGAPORE (Feb 4): OUE Commercial REIT (OUECT) could well have started to reap profits from its merger with OUE Hospitality Trust (OUEHT).  Following the merger, OUECT has become one of the largest diversified REITs with total assets of some $6.8 billion and seven properties across the commercial ...

SINGAPORE (Jan 23): Adrian Chui, CEO of ESR-REIT’s manager may have started a trend. In 2018, ESR-REIT merged with Viva Industrial Trust in a share and cash offer. VIT unitholders were paid 96 cents per unit of which 90% was with ESR-REIT units, and 10% in cash. In 2019, two mergers were complete...

SINGAPORE (Dec 16): This year, a total of 19 listed companies are undergoing privatisation, and being merged or acquired – more than the eight last year and the 14 in 2017. As it is, close to $20 billion worth of mergers and acquisition (M&A) deals involving the four major developers in Sin...

SINGAPORE (Dec 9): Singapore’s real estate investment trusts (S-REITs) continue to excite market watchers, amid a flurry of mergers and acquisitions this year. In the largest deal, CapitaLand in January announced it is forking out $6 billion to acquire Temasek Holdings' subsidiary Ascendas-Singbr...

SINGAPORE (Nov 19): OUE Commercial Trust (OUECT) seems poised to thrive on its recent merger with OUE Hospitality Trust (OUEHT), which appears to have ticked all the boxes for the REIT.  OUECT’s latest set of financial results for 3Q19 ended September saw it register increases across several key...

OUE Limited's third-quarter net profit surged to S$124.1 million, almost 60 times that of the S$2.1 million net profit for the year-ago period due to higher earnings before interest and taxes (Ebit) and a one-off non-cash gain of S$90.9 million arising from the merger of OUE Commercial ...

Submitted By:  Clarist Zablan Case Study:  No It received a $90.9m one-off non-cash gain from OUE C-REIT and OUE H-Trust merger. OUE's attributable profit skyro...

OUE Limited's third-quarter net profit surged to S$124.1 million, almost 60 times that of the S$2.1 million net profit for the year-ago period due to higher earnings before interest and taxes (Ebit) and a one-off non-cash gain of S$90.9 million arising from the merger of OUE Co...

SINGAPORE (Sept 19): Real estate group OUE has entered into sale and purchase agreements to sell OUE Downtown Serviced Apartments and its direct wholly-owned subsidiary, OUE Downtown, for a total of $289 million. First, indirect wholly-owned subsidiary Alkas Realty has signed an agreement to sell t...

THE trust scheme of arrangement for the merger of OUE Commercial Real Estate Investment Trust (C-Reit) and OUE Hospitality Trust (H-Trust) became effective and binding on Wednesday morning.