OUE REIT 3Q 2026 net property income rises year on year to SGD 59.6 million; 3Q 2026 revenue climbs year on year to SGD 72.6 million
Bitget2026/10/21 10:44- OUE REIT's third-quarter 2026 net property income rose year-over-year to S$ 59.6 million; revenue increased to S$ 72.6 million.
- Hospitality net property income climbed 13% year-over-year to S$ 27.6 million, driven by leisure demand, corporate account growth and refreshed offerings.
- Financing costs fell 12% year-over-year to S$ 18.9 million, benefiting from proactive capital management.
- The Crowne Plaza Changi Airport divestment is expected to close October 30, 2026, unlocking S$ 498.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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