OUE Hospitality Trust

SINGAPORE (Sept 2): The Singapore market ended lower on Friday, with telcos taking the brunt of losses following the registration of interest of three contenders for a fourth mobile operator licence in Singapore.

SINGAPORE (Aug 3): OCBC Investment Research is maintaining its “hold’ recommendation on OUE Hospitality Trust (OUE HT) with a higher fair value of 73 cents after the trust posted a 39.5% decrease in distribution per unit to 0.92 cents for 2QFY2016.

SINGAPORE (June 24): Earnings of Hospitality SREITs are expected to stabilise in 2016 due to higher visitor arrivals and income from new assets, according to Fitch Ratings in a Tuesday report.