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The latest update is out from OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ).
OUE REIT has announced the establishment of a S$500,000,000 Commercial Paper Programme, allowing the issuance of fixed or floating rate notes with tenors of up to 364 days. This initiative, arranged by DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited, aims to enhance liquidity and flexibility in financing, potentially strengthening OUE REIT’s market position and offering new investment opportunities to stakeholders.
The most recent analyst rating on (SG:TS0U) stock is a Hold with a S$0.50 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 (OUE REIT) operates within the real estate investment industry, focusing on managing a portfolio of commercial properties. The company provides investment opportunities in real estate assets, primarily targeting institutional and accredited investors in Singapore and other regions.
Average Trading Volume: 3,237,214
Technical Sentiment Signal: Buy
Current Market Cap: S$1.93B
For detailed information about TS0U stock, go to TipRanks’ Stock Analysis page.