OUE REIT asset in Singapore, OUE Bayfront. (Photo: REITsWeek)

Data from OUE REIT's latest disclosure has been updated into the Singapore REITs table.

OUE REIT posted a distribution per unit (DPU) of 1.26 Singapore cents for the six months ended 30 June 2026, up 28.6% from 0.98 cents a year earlier.

Revenue for the first half rose 3.8% year-on-year to SGD136.1 million, while net property income (NPI) climbed a faster 4.8% to SGD110.3 million.

This was driven largely by a double-digit recovery in the hospitality segment, which posted revenue of SGD50.1 million and NPI of SGD45.1 million, up 11.2% and 12.3% respectively.

Hotel revenue per available room (RevPAR) rose 10.7% to SGD258, with Hilton Singapore Orchard up 12.6% and Crowne Plaza Changi Airport up 7.5%.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.