OUE Reit eyes higher hospitality contribution in growth push

OUE Reit eyes higher hospitality contribution in growth push


WHILE offices and hotels are both considered commercial assets, they have markedly different operating and investing characteristics. Having a portfolio comprising both types of properties, though, has been a key strategy for OUE Real Estate Investment Trust (Reit).

Han Khim Siew, chief executive of the manager, eyes the benefits coming from such diversification, which provides the Reit with stability as well as a pathway for growth.

“We like the barbell we have now,” he said.

Around half of OUE Reit’s revenue last year came from the office segment,…

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.



Source link

Posted in

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment