OUE

Proxies to an ageing Asia  - THE EDGE SINGAPORE

Future of the economy

Proxies to an ageing Asia

The two main Singapore proxies to an ageing Asia are ParkwayLife REIT and First REIT

Results

OUE doubles 2HFY2022 earnings to $ 101.2 million

OUE closed March 1 at $1.23, versus its NAV as at Dec 31 2022 of $4.35.

Results

OUE Lippo Healthcare reports FY2022 earnings of $32.5 million

The company's two hospital JVs in China are on track to open later this year and in 2024

Environmental, Social and Governance

OUE C-REIT to refinance existing debt with new $978 million sustainability-linked loan

With this new facility in place, OUE C-REIT would have no further refinancing requirements until September 2023
OUE's 1H earnings up almost threefold, trades at P/NAV of 0.30x  - THE EDGE SINGAPORE

Results

OUE's 1H earnings up almost threefold, trades at P/NAV of 0.30x

OUE almost triples net profit boosted by Hilton Singapore Orchard and Crowne Plaza Changi Airport, price trades at 0.30x P/NAV

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.
OUE C-REIT to distribute 1.08 cents per unit for 1HFY2022 - THE EDGE SINGAPORE

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.
United Hampshire US REIT's director Goss raises stake; OUE steps up share buybacks - THE EDGE SINGAPORE

Insider moves

United Hampshire US REIT's director Goss raises stake; OUE steps up share buybacks

UHREIT has recently divested a property and put the proceeds into higher-yielding assets

Insider moves

OUE buys back shares steadily, EuroSports Global does it sporadically

EuroSports Technologies has been “incubating” a new business venture as well besides electric motorbikes
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