Published:
OUE mulls over listing commercial REIT on SGX
OUE Bayfront may be included.
According to OSK, OUE, the company is “exploring the establishment” of a commercial Reit to be listed on the main board.
Here's more:
It is also expected to include its 18-storey flagship OUE Bayfront ship office building at Collyer Quay, along with the building’s ancillary properties comprising a tower building used for a good and beverage outlet and a link bridge with retail shops.
Referring to Bayfront building, “As at Dec 31, 2012, it has garnered a committed occupancy rate of 93.3%, and continues to attract strong interest from prospective tenants” commented by the management.
The counter last traded at 88.5cents yesterday.
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