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OUE Commercial REIT (OUE C-REIT)
Broker's Calls
Post-FY2022, OUE Commercial REIT on 'hold' with brightening hospitality segment: analysts
FY2022 DPU was down 18.5% y-o-y to 2.12 cents, dragged by a number of factors, say analysts.
February 02, 2023
Broker's Calls
CGS-CIMB maintains 'hold' on OUE C-REIT, cuts TP after 1HFY2022 DPU miss
OUE C-REIT’s DPU of 1.08 cents, down 12.2% y-o-y, missed expectations at 39.9% of CGS-CIMB’s forecast.
August 02, 2022
Results
OUE C-REIT to distribute 1.08 cents per unit for 1HFY2022
The distribution will go ex on Aug 1 and be paid to unitholders on Sept 6.
July 25, 2022
Results
OUE C-REIT reports 15.8% y-o-y lower distributable income of $31.2 mil for 1QFY2022
According to the REIT, its hospitality segment is positioned to ride the recovery in Singapore.
May 12, 2022
Results
OUE C-REIT to pay 2HFY2021 distribution of 1.37 cents per unit, down 4.2% y-o-y
With reduced gearing, OUE C-REIT eyeing "value-adding opportunities for future growth"
February 16, 2022
Results
OUE C-REIT reports 7.5% lower distributable income of $30.2 mil for the 3QFY21
Net property income (NPI) in the 3QFY2021 fell 17.1% y-o-y to $46.2 million, from $55.8 million.
November 02, 2021
Results
OUE C-REIT posts 23% higher DPU of 1.23 cents for 1H21
1H21 distribution was higher given that in 1H20, the REIT had retained $10.8 mil to address Covid-19 uncertainties.
July 29, 2021
Company in the news
OUE Commercial REIT to upsize senior secured facilities to $978 mil
Units in OUE Commercial REIT closed 0.5 cent lower or 1.3% down at 39 cents on March 23.
March 23, 2021
Broker's Calls
'Hold' OUE Commercial REIT on mixed performance, divestment: analysts
CGS-CIMB has reduced its TP to 41.5 cents while OCBC has upped its fair value estimate to 40 cents.
February 05, 2021
Sector Focus
Tourism most hard-hit sector in 2020; impending vaccination offers hope
Among all the sector, the tourism sector is the hardest hit by the pandemic. But the impending vaccination does offer some hope.
December 18, 2020