OUE Real Estate Investment Trust (TS0U.SI)

0.2650 -0.0100 (-3.64%) As of 02:11PM SGT. Market open.

OUE Real Estate Investment Trust

333 Orchard Road
#33-01
Singapore 238867
Singapore
65 6809 8700
https://www.ouereit.com

Sector(s): Real Estate
Industry: REIT - Office
Full-time employees: 66

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Khim Siew Han	CEO & Executive Director of OUE REIT Management Pte. Ltd.	N/A	N/A	1974
Mr. Lionel Chua	CFO & Company Secretary of OUE REIT Management Pte. Ltd.	N/A	N/A	1972
Ms. Sarah Lei	Vice President of Capital Markets & Investment - OUE REIT Management Pte. Ltd.	N/A	N/A	N/A
Ms. Mary Ng	Vice President of Investor Relations of OUE REIT Management Pte. Ltd.	N/A	N/A	N/A
Mr. Wong Cho Wai	Senior Vice President of Asset Management - OUE REIT Management Pte. Ltd.	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.

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 of S$6.3 billion as of 31 December 2023. OUE REIT aims to deliver stable distributions and provide sustainable long-term growth in return to holders of units (“Unitholder”) 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. With six assets in Singapore and one in Shanghai, the property portfolio comprises 1,655 upper upscale hotel rooms and approximately 2.2 million square feet (“sq ft”) of prime office and retail space. In Singapore, OUE REIT owns two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport. Complementing Hilton Singapore Orchard is Mandarin Gallery, a choice location for international brands in the heart of Orchard Road. Meanwhile, OUE REIT's office assets – OUE Bayfront, One Raffles Place and OUE Downtown Office, are situated within the Central Business District (“CBD”). In Shanghai, OUE REIT's Grade A commercial asset Lippo Plaza is located on Huaihai Middle Road, one of Shanghai's established core CBD locations in the Huangpu district of Puxi. 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 real estate and healthcare group, growing strategically to capitalise on growth trends across Asia. Its real estate activities include the development, investment and management of real estate assets across the commercial, hospitality, retail, residential and healthcare sectors.

Corporate governance

OUE Real Estate Investment Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.