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OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) has issued an update.
OUE REIT has entered into a new S$45 million unsecured loan facility, with proceeds earmarked for capital expenditure, working capital, general corporate purposes, refinancing of existing unsecured borrowings, and associated transaction costs, providing the trust with added financial flexibility. The facility agreement embeds change-of-control and ownership covenants tied to OUE Limited’s stake and control over both the REIT manager and the trust, as well as the continued role of OUE REIT Management as manager, meaning any significant reduction in the sponsor’s ownership or control, or a change of manager without lender consent, could trigger mandatory prepayment or events of default, underscoring lender emphasis on sponsor stability and governance continuity for the REIT’s financing arrangements.
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 (OUE REIT) is a Singapore-based real estate investment trust focused on income-producing commercial properties. Managed by OUE REIT Management Pte. Ltd. and sponsored by OUE Limited, it invests primarily in office and retail real estate assets, with a strategy centred on stable distributions and capital growth for unitholders within the Singapore and regional property markets.
Average Trading Volume: 2,215,454
Technical Sentiment Signal: Buy
Current Market Cap: S$2.01B
Find detailed analytics on TS0U stock on TipRanks’ Stock Analysis page.