Brief: OUE Commercial Real Estate Investment Trust Q2 Net Property Income S$50.4 Mln

OUE Real Estate Investment Trust

23/07/2020 16:25

July 23 (Reuters) - Oue Commercial Real Estate Investment
Trust  OUEC.SI :
    * Q2 NET PROPERTY INCOME INCREASED 23.7% TO S$50.4 MILLION
    * HY DPU 1.00 CENT
    * OPERATING ENVIRONMENT FOR RETAIL SEGMENT IS EXPECTED TO
REMAIN
CHALLENGING
    * OFFICE OCCUPANCY AND RENTS ARE EXPECTED TO REMAIN UNDER
PRESSURE
    * PORTFOLIO OF SINGAPORE OFFICE PROPERTIES EXPECTED TO TO
ACHIEVE
RENTS IN LINE WITH OR ABOVE MARKET RENTS

Source text for Eikon:  ID:nSNZ7Z9HNb 
Further company coverage:  OUEC.SI 

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