OUE Hospitality Trust (OUE HT)

OUECT’s latest set of financial results for 3Q19 ended September saw it register increases across several key financial metrics.  Total income available for distribution for the quarter surged 85.9% to $29.5 million, translating into a distribution

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various

SINGAPORE (April 10): DBS Vickers Securities is highlighting myriad benefits to the proposed merger of OUE Hospitality Trust (OUE HT) and OUE Commercial Trust (OUE CT), but also cautions of “potential impediments” post the merger.

SINGAPORE (Jan 16): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality sector as it sees value in some of the hospitality REITs under its coverage at their current unit prices.

SINGAPORE (Nov 8): Despite announcing a 5.9% y-o-y drop in 3Q18 DPS to 1.28 cents, analysts still remain upbeat on OUE Hospitality Trust (OUE HT). The drop in DPS was mainly due to lower Retail revenue and an absence of income support for Crowne Plaza Cha

SINGAPORE (Nov 7): The manager of OUE Hospitality Trust (OUE HT) has announced a 3Q18 distribution per stapled security (DPS) of 1.28 cents, down 5.9% from its 1.36 cent DPS a year ago.

SINGAPORE (July 30): CGS-CIMB Research is maintaining its “add” recommendation on OUE Hospitality Trust (OUE HT) while lowering its target price to 89 cents from 92 cents, after adjusting cost of equity (COE) assumption up to 8.6% compared to 8.4% pre

SINGAPORE (July 29): The manager of OUE Hospitality Trust (OUE HT) has declared a 2Q distribution per stapled security (DPS) of 1.17 cents, down 3.3% from its 2Q17 DPU of 1.21 cents on lower revenue from both its hospitality and retail segments.

SINGAPORE (Apr 10): CIMB is maintaining its "overweight" on the hospitality sub-sector given expectations of an earlier and stronger than expected recovery in industry RevPAR.