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Excerpt from {broker} report.
Report Summary
- OUE REIT’s Singapore office portfolio remains resilient with high occupancy (97.4%) and positive rental reversions (+5.6%), supporting stable cash flows.
- Funding costs have declined significantly (down 19.7% YoY) due to refinancing activities and increased use of green financing, with leverage expected to fall further.
- Hospitality and Orchard retail segments provide income diversification, with solid performance in RevPAR and rental reversions, while exposure to Singapore assets drives like-for-like growth despite divestment in Shanghai.
Above is an excerpt from a report by {broker}. Clients of {broker} can be the first to access the full report from the {broker} website: {website}