OUE Real Estate Investment Trust Company Description
OUE Real Estate Investment Trust ("OUE REIT"), formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs ("S-REITs") with total assets under management of S$5.8 billion as of 31 December 2024.
OUE REIT aims to deliver stable distributions and provide sustainable long-term growth in return to holders of units ("Unitholders") by investing in income-producing real estate used primarily for hospitality, retail and/or office purposes in financial and business hubs, as well as real estate-related assets.
OUE REIT's portfolio comprises six high-quality office, hospitality and retail assets located in Singapore.
Its three office assets - OUE Bayfront, One Raffles Place and OUE Downtown Office - are situated within the Central Business District, with a total Net Lettable Area ("NLA") of approximately 1.6 million square feet ("sq ft").
OUE REIT's two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are strategically located along the prime Orchard Road belt and within the Changi Airport vicinity, offering a total of 1,655 upper upscale hotel rooms.
Complementing Hilton Singapore Orchard is Mandarin Gallery, a 126,294 sq ft high-end retail mall that has been a preferred destination for international brands in the heart of Orchard Road.
Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 27 January 2014, OUE REIT is managed by OUE REIT Management Pte. Ltd. (the "Manager"), a wholly-owned subsidiary of OUE Limited (the "Sponsor").
The Sponsor is a leading real estate and healthcare group, growing strategically to capitalise on growth trends across Asia.
Its real estate activities include the development, investment and management of real estate assets across the commercial, hospitality, retail, residential and healthcare sectors.
Country | Singapore |
Founded | 2013 |
Industry | REIT - Office |
Sector | Real Estate |
Employees | 67 |
CEO | Khim Siew Han |
Contact Details
Address: 333 Orchard Road Singapore, 238867 Singapore | |
Phone | 65 6809 8700 |
Website | ouereit.com |
Stock Details
Ticker Symbol | TS0U |
Exchange | Singapore Exchange |
Fiscal Year | January - December |
Reporting Currency | SGD |
ISIN Number | SG2G60000004 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Khim Siew Han | Chief Executive Officer |
Lionel Chua | Chief Financial Officer |
Mary Ng | Head of Investor Relations |