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 S6.1 billion dollars. 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 1.7 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 126,283 sq ft high-end retail mall that has been a preferred destination for international brands in the heart of Orchard Road. The latest addition to OUE REIT's portfolio is 180 George Street (also known as Salesforce Tower), Sydney a premium-grade commercial asset in which OUE REIT holds a 19.9% interest. Comprising 666,437 sq ft of NLA, 180 George Street is strategically situated in Circular Quay, one of Sydney's key corporate and cultural precincts. As Sydney's tallest office tower, 180 George Street is a landmark asset that strengthens the portfolio's exposure to high-quality office real estate in a prime gateway city. 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 rea
Research context
OUE Commercial Real Estate Investment Trust appears in PyInvesting’s Singapore Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- SGD
- Sector
- Real Estate
- Industry
- REIT - Office
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5 years, 6 months ago
OUE Commercial Real Estate Investment Trust is currently in a long term uptrend where the price is trading 15.8% above its 200 day moving average.
From a valuation standpoint, the stock is 19.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 7.5.
OUE Commercial Real Estate Investment Trust's total revenue rose by 72.8% to $150M since the same quarter in the previous year.
Its net income has dropped by 231.5% to $-92M since the same quarter in the previous year.
Finally, its free cash flow grew by 24.7% to $59M since the same quarter in the previous year.
Based on the above factors, OUE Commercial Real Estate Investment Trust gets an overall score of 4/5.