OUE Hospitality Real Estate Investment Trust (OUE H-REIT)

In print this week

REIT consolidation continues as OUE C-REIT proposes to acquire OUEHT for $1.49 bil; unitholders to suffer dilution again

(Apr 15): On April 9, almost seven million units of OUE Commercial Real Estate Investment Trust changed hands as investors headed for the exit. Just five months after the completion of a dilutive transaction, OUE Commercial REIT announced a second dilutiv

Results

OUE reports 31.5% fall in FY17 earnings to $99 mil on provisions and absence of one-off gains

SINGAPORE (Feb 23): OUE, the integrated property developer, reported FY17 earnings fell 31.5% to $98.9 million from $144.4 million in FY16, led by lower earnings before interest and tax but partially mitigated by higher fair value gains on investment prop

Results

OUE’s 3Q earnings double to $108 mil on higher sales and one-off gains

SINGAPORE (Nov 2): OUE reported 3Q earnings more than doubled to $107.6 million from $15 million a year ago, thanks to higher sales as well as divestment and other gains.
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