OUE Commercial REIT has provided clues on how and where it will expand into in the coming years amid a gradual pick-up in the demand for office spaces.
In an exclusive interview with REITsWeek, CEO of the REIT’s manager, Han Khim Siew, also gave clues about how this projected growth will likely be funded, amid a high interest rate environment.
OUE Commercial REIT is a Singapore Exchange-listed office, retail and hospitality landlord with a portfolio of seven assets in Singapore and Shanghai, with total assets of approximately SGD6 billion.
A majority of its assets are Grade A office spaces that are located within the central business districts (CBDs) in the markets it operates in.
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