OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) just unveiled an announcement.
OUE REIT reported a steady operating performance in the first quarter of 2025, highlighted by an 11.3% year-on-year reduction in financing costs. Despite a 11.9% decline in revenue due to the divestment of Lippo Plaza in Shanghai and weaker contributions from the hospitality segment, the company maintained strong occupancy rates and positive rental reversions in its commercial and office segments, underscoring the resilience of its Singapore portfolio.
More about OUE Commercial Real Estate Investment Trust
OUE Commercial Real Estate Investment Trust is a company operating in the real estate investment sector, focusing on commercial properties. Its primary services include managing a portfolio of high-quality assets, with a significant presence in Singapore and other strategic locations.
YTD Price Performance: 1.85%
Average Trading Volume: 2,269,933
Technical Sentiment Signal: Buy
Current Market Cap: S$1.49B
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