The Business Times: OUE REIT eyes higher hospitality contribution in growth push
10 Years & Beyond – What lies ahead for OUE REIT?
Our CEO Mr. Han Khim Siew recently sat down with The Business Times to share the exciting outlook of OUE REIT $OUEREIT(TS0U.SG$ .
"Having a diversified portfolio with both office and hospitality assets gives OUE REIT stability and a pathway for growth," Han shared. "Currently our two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, contributed 32.2 per cent of our revenue in FY 2023. Looking ahead, we are targeting to grow the revenue share from the hospitality segment to 40%."
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The official account of OUE Com Reit
OUE REIT is a SGX-listed REIT with over 92% of its assets (hotels, retail and offices) located in Singapore.
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