OUE Hospitality Trust IPO Prospectus


OUE H-Trust
OUE H-Trust is a stapled group comprising OUE H-REIT and OUE H-BT. The OUE H-REIT Units and OUE H-BT Units are stapled together under the terms of a stapling deed dated 10 July 2013 entered into among the REIT Manager, the REIT Trustee and the Trustee-Manager (the “Stapling Deed”), and cannot be traded separately.

OUE H-REIT is a Singapore-based REIT established with the principal investment strategy of investing, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, whether wholly or partially, as well as real estate-related assets. In this Prospectus, real estate which is used for “hospitality” purposes includes hotels, serviced residences, resorts and other lodging facilities, whether in existence by themselves as a whole or as part of larger mixed-use developments, which may include commercial, entertainment, retail and leisure facilities. Properties which are used for  hospitality related purposes” include retail and/or commercial assets which are either complementary to or adjoining hospitality assets which are owned by OUE H-REIT or which OUE H-REIT has committed to buy.

Fundamental Summary

Check out HERE on how to interpret those financial ratio (e.g. NAV, Gearing Ratio) and understand why it is important. Also see other Singapore REIT comparison table here to see whether this UOE H-Trust IPO is worth to subscribe.


UOE Hospitality Trust Structure

OUE H-Trust Structure


OUE H-REIT Portfolio

Mandarin Orchard Hotel

OUE H-REIT Mandarin Orchard MLA (Fix and Variable) OUE H-REIT Mandarin Orchard MLA OUE H-REIT REVPAR



Mandarin Gallery

OUE H-REIT Mandarin Gallery Lease Expiry OUE H-REIT NPI Contribution OUE H-REIT Tenant Mix




Distribution Yield

OUE H-REIT Distribution Yield



See detail OUE Hospitality Trust IPO Prospectus.

This Post Has One Comment

  1. Marubozu

    (REUTERS) – Overseas Union Enterprise (OUE) will raise about S$600.2 million after pricing the initial public offering (IPO) of its hospitality trust at the bottom of its indicative price range, two sources with knowledge of the matter said.

    OUE Hospitality Trust is selling about 682 million units in the deal at S$0.88 a unit, sources said, compared to an indicative price range of S$0.88 to S$0.90 a unit.

    The company’s parent OUE will buy the remaining 626.8 million units, or about half the listed entity.

    The price translates to a projected yield of 7.46 per cent for 2014, one of the sources told Reuters. The source declined to be identified because the price details are not public.


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