TS0U

OUE Commercial Real Estate Investment Trust

TS0U.SG ouereit.com
0.35
-0.01 (-1.41%)
SGD · SG
52-week range
0.31
0.38
Trading at 61% of the 52-week range
Market Cap
1.97B
P/E Ratio
35.50
Forward P/E
16.89
Book Value
0.56
Div. Yield
7.04%
% Institutions
3.95%
% Insiders
60.06%

1 Year

+11.9%

3 Year

+87.9%

10 Year

+10.1%
Description

OUE Real Estate Investment Trust (OUE REIT), formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs (S-REITs) with total assets under management of S6.1 billion dollars. OUE REIT aims to deliver stable distributions and provide sustainable long-term growth in return to holders of units (Unitholders) by investing in income-producing real estate used primarily for hospitality, retail and/or office purposes in financial and business hubs, as well as real estate-related assets. OUE REIT's portfolio comprises six high-quality office, hospitality and retail assets located in Singapore. Its three office assets - OUE Bayfront, One Raffles Place and OUE Downtown Office - are situated within the Central Business District, with a total Net Lettable Area (NLA) of approximately 1.7 million square feet (sq ft). OUE REIT's two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are strategically located along the prime Orchard Road belt and within the Changi Airport vicinity, offering a total of 1,655 upper upscale hotel rooms. Complementing Hilton Singapore Orchard is Mandarin Gallery, a 126,283 sq ft high-end retail mall that has been a preferred destination for international brands in the heart of Orchard Road. The latest addition to OUE REIT's portfolio is 180 George Street (also known as Salesforce Tower), Sydney a premium-grade commercial asset in which OUE REIT holds a 19.9% interest. Comprising 666,437 sq ft of NLA, 180 George Street is strategically situated in Circular Quay, one of Sydney's key corporate and cultural precincts. As Sydney's tallest office tower, 180 George Street is a landmark asset that strengthens the portfolio's exposure to high-quality office real estate in a prime gateway city. Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 27 January 2014, OUE REIT is managed by OUE REIT Management Pte. Ltd. (the Manager), a wholly owned subsidiary of OUE Limited (the Sponsor). The Sponsor is a leading rea

Company Information

Company Name
OUE Commercial Real Estate Investment Trust
Sector
Real Estate
Industry
REIT - Office
Exchange
SG
ISIN: SG2G60000004
Currency: SGD
Full Time Employees: 0
Phone: 65 6809 8700
Website: ouereit.com
Fiscal Year End: December
Description:

OUE Real Estate Investment Trust (OUE REIT), formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs (S-REITs) with total assets under management of S6.1 billion dollars. OUE REIT aims to deliver stable distributions and provide sustainable long-term growth in return to holders of units (Unitholders) by investing in income-producing real estate used primarily for hospitality, retail and/or office purposes in financial and business hubs, as well as real estate-related assets. OUE REIT's portfolio comprises six high-quality office, hospitality and retail assets located in Singapore. Its three office assets - OUE Bayfront, One Raffles Place and OUE Downtown Office - are situated within the Central Business District, with a total Net Lettable Area (NLA) of approximately 1.7 million square feet (sq ft). OUE REIT's two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are strategically located along the prime Orchard Road belt and within the Changi Airport vicinity, offering a total of 1,655 upper upscale hotel rooms. Complementing Hilton Singapore Orchard is Mandarin Gallery, a 126,283 sq ft high-end retail mall that has been a preferred destination for international brands in the heart of Orchard Road. The latest addition to OUE REIT's portfolio is 180 George Street (also known as Salesforce Tower), Sydney a premium-grade commercial asset in which OUE REIT holds a 19.9% interest. Comprising 666,437 sq ft of NLA, 180 George Street is strategically situated in Circular Quay, one of Sydney's key corporate and cultural precincts. As Sydney's tallest office tower, 180 George Street is a landmark asset that strengthens the portfolio's exposure to high-quality office real estate in a prime gateway city. Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 27 January 2014, OUE REIT is managed by OUE REIT Management Pte. Ltd. (the Manager), a wholly owned subsidiary of OUE Limited (the Sponsor). The Sponsor is a leading rea

Address:

333 Orchard Road, Singapore, Singapore, 238867

People

Directors & Officers

Name Title Year Born
Mr. Khim Siew Han CEO & Executive Director of OUE REIT Management Pte. Ltd. 1975
Mr. Lionel Chua Chief Financial Officer of OUE REIT Management Pte. Ltd. 1972
Ms. Xixi Lei Senior Vice President of Capital Markets & Investment NA
Ms. Mary Ng Vice President of Investor Relations of OUE REIT Management Pte. Ltd & Sustainability NA
Mr. Wong Cho Wai Senior Vice President of Asset Management - OUE REIT Management Pte. Ltd. NA
Mr. Hua Yeow Chua Company Secretary of OUE REIT Management Pte. Ltd NA

Financial Highlights

Market Cap: $1.97B
EBITDA: $217.60M
P/E Ratio: $35.50
PEG Ratio: $0.19
Book Value: $0.56
Dividend/Share: $0.03
Dividend Yield: 7.04%
Earnings/Share: $0.01
Profit Margin: 12.84%
Operating Margin: 76.88%
ROA (TTM): 2.34%
ROE (TTM): 1.27%
Revenue (TTM): $289.05M
Revenue/Share (TTM): $0.05
Earnings Growth (YOY): 20.20%
Revenue Growth (YOY): 6.60%

Valuation Metrics

Enterprise Value: $4.15B
Trailing P/E: 35.50
Forward P/E: 16.89

Shares Statistics

Shares Outstanding: 5.54B
Shares Float: 570.92M
% Insiders: 60.06%
% Institutions: 3.95%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$273.61M
Cost of Goods Sold
adjust
$-71.69M
Gross Profit
subtotal
$201.93M
Other Operating Expense
adjust
$-71.69M
Operating Income
subtotal
$201.93M
Other / Non-Operating Items
adjust
$-173.47M
Net Income
subtotal
$28.45M

Earnings Per Share (EPS) History

Financial Ratios

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