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OUE REIT Issues New Units to Settle Base Fee

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OUE REIT Issues New Units to Settle Base Fee

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OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) has shared an announcement.

OUE REIT Management Pte. Ltd. has announced the issuance of 6,697,663 new units in OUE Real Estate Investment Trust at an issue price of S$0.2927 per unit. This issuance is part of the payment for 50% of the Base Fee for the period from April to June 2025, with the units being sold directly to OUE Limited. The move reflects the company’s strategy to manage its financial obligations through equity issuance, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (SG:TS0U) stock is a Buy with a S$0.40 price target. To see the full list of analyst forecasts on OUE Commercial Real Estate Investment Trust stock, see the SG:TS0U Stock Forecast page.

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 properties. It provides investors with opportunities to invest in a diversified portfolio of income-producing real estate assets.

Average Trading Volume: 1,752,138

Technical Sentiment Signal: Buy

Current Market Cap: S$1.71B

For a thorough assessment of TS0U stock, go to TipRanks’ Stock Analysis page.

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