External broker reports(aggregated public sources), KGI Securities Singapore

KGI Securities

We are a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore. We offer our valued clients round the clock (24 hour) single-touch point for multi-asset clients and 24 hour high-touch desk for global products.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

KGI Securities Singapore

We are a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore. We offer our valued clients round the clock (24 hour) single-touch point for multi-asset clients and 24 hour high-touch desk for global products. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Increased topline growth and stable occupancy surpassing pre-pandemic levels. For 1Q24, OUE REIT reported revenue of S$74.9mn, a 9.5% YoY growth.</li><li>It delivered net property income of S$60.5mn, a 6.9% YoY growth.</li><li>It also secured positive rental reversion of 12.6% in its Singapore offices and achieved high committed occupancy of 97.6% in Mandrin Gallery, showcasing its stability and competitiveness in the market.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Increased topline growth and stable occupancy surpassing pre-pandemic levels. For 1Q24, OUE REIT reported revenue of S$74.9mn, a 9.5% YoY growth.It delivered net property income of S$60.5mn, a 6.9% YoY growth.It also secured positive rental reversion of 12.6% in its Singapore offices and achieved high committed occupancy of 97.6% in Mandrin Gallery, showcasing its stability and competitiveness in the market.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Oue Reit - Resilience Amidst Challenging Market Conditions