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OUE Ltd. ( (SG:LJ3) ) has provided an update.
OUE Limited, in partnership with Tokyo Century Corporation, has commenced the groundbreaking of Hotel Indigo Changi Airport, a 255-room hotel expected to be fully operational by 2028. This development is set to become Singapore’s first zero-energy hotel, strategically located next to Terminal 2 of Changi Airport, enhancing the airport’s offerings with sustainable design and hospitality, and potentially strengthening OUE’s position in the hospitality sector.
More about OUE Ltd.
OUE Limited is a Singapore-based company listed on the SGX Mainboard, operating primarily in the real estate industry. The company focuses on property development, investment, and management, with a market emphasis on hospitality and commercial properties.
Average Trading Volume: 89,618
Technical Sentiment Signal: Sell
Current Market Cap: S$661.4M
For a thorough assessment of LJ3 stock, go to TipRanks’ Stock Analysis page.