Overview
OUE REIT's property portfolio comprises seven properties across the commercial and hospitality segments in Singapore and Shanghai. With 1,655 upper upscale hotel rooms and an aggregate net lettable area of approximately 2.2 million square feet of prime office and retail space, the REIT's total asset size is approximately S$6.3 billion.
It has two hotels, comprising the 1,080-room Hilton Singapore Orchard and the 575-room Crowne Plaza Changi Airport, both of which are in prime tourist catchments in Singapore - namely, the Orchard Road shopping belt and the world-renowned Changi Airport, respectively.
It also has four Grade A office properties, which consist of OUE Bayfront (50% interest), One Raffles Place (67.95% effective interest), and the office components of OUE Downtown, strategically located in Singapore's central business district; as well as Lippo Plaza (91.2% strata interest), located within the prime commercial district of Huangpu in Puxi, Shanghai.
In addition, OUE REIT has one retail property, Mandarin Gallery, a high-end retail mall situated within four levels of Hilton Singapore Orchard.
