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OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) just unveiled an announcement.
OUE REIT has successfully completed the refinancing of OUE Bayfront with its first green loan, amounting to S$600 million, along with additional credit facilities. This move is expected to decrease the weighted average cost of debt to 4.1% per annum and extend the average term of debt, enhancing the company’s financial flexibility and sustainability credentials.
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 in the real estate investment sector, focusing primarily on commercial properties. The company manages a diversified portfolio of high-quality assets in strategic locations, aiming to provide stable returns to its stakeholders.
Average Trading Volume: 2,666,589
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$1.79B
For a thorough assessment of TS0U stock, go to TipRanks’ Stock Analysis page.