OUE Commercial REIT's Crowne Plaza Changi Airport. (Photo: REITsWeek)OUE Commercial REIT's Crowne Plaza Changi Airport. (Photo: REITsWeek)

OUE Commercial REIT plans to use its enlarged status post-merger as a platform upon which it could diversify geographically, and also in terms of asset mix.

In response to questions from REITsWeek at a media meeting, CEO of the REIT’s manager, Tan Shu Lin, explained that current investment mandates for both OUE Commercial REIT and OUE Hospitality Trust have always been global ones.

But the portfolios for both entities are currently Singapore-heavy given the investment opportunities that have presented themselves thus far.

OUE Commercial REIT announced on 8 April that it is seeking unitholders approval to merge with OUE Hospitality Trust.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.