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OUE REIT Issues New Units as Base Fee Payment

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OUE REIT Issues New Units as Base Fee Payment

Confident Investing Starts Here:

An announcement from OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) is now available.

OUE REIT Management Pte. Ltd. announced the issuance of 6,861,047 new units in OUE Real Estate Investment Trust at an issue price of S$0.2830 per unit. These units were issued as partial payment for the Base Fee for the first quarter of 2025 and will be sold to OUE Limited. This issuance increases the total number of units in issue to 5,506,924,855, reflecting the company’s ongoing financial strategies and its relationship with OUE Limited.

More about OUE Commercial Real Estate Investment Trust

OUE Commercial Real Estate Investment Trust is a real estate investment trust based in Singapore, focusing on commercial real estate assets. It was constituted on October 10, 2013, and is managed by OUE REIT Management Pte. Ltd.

YTD Price Performance: 3.70%

Average Trading Volume: 2,245,311

Technical Sentiment Signal: Buy

Current Market Cap: S$1.54B

For an in-depth examination of TS0U stock, go to TipRanks’ Stock Analysis page.

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