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The latest update is out from OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ).
OUE Commercial Real Estate Investment Trust has announced that DBS Trustee Limited, acting as trustee, has secured a S$100 million unsecured facility. The funds are intended for capital expenditures, working capital, and other corporate purposes. The facility agreement includes specific ownership conditions related to OUE Limited, the sponsor, which, if not met, could trigger mandatory prepayment or default events, impacting the trust’s financial operations.
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 real estate investments. The company is managed by OUE REIT Management Pte. Ltd. and is involved in acquiring and managing a diversified portfolio of income-producing real estate used primarily for commercial purposes.
Average Trading Volume: 2,556,211
Technical Sentiment Signal: Buy
Current Market Cap: S$1.9B
See more insights into TS0U stock on TipRanks’ Stock Analysis page.