Sunday, 8 May 2016

OUE Hospitality Trust - DBS Research 2016-05-09: Well located assets

OUE Hospitality Trust - DBS Research 2016-05-09: Well located assets OUE HOSPITALITY TRUST SK7.SI 

OUE Hospitality Trust - Well located assets 

  • 1Q16 DPU of 1.1 Scts (-26%) y-o-y was below expectations. 
  • Drag from recent rights issue and weaker contribution from Mandarin Gallery. 
  • Hotel portfolio resilient with 1Q16 RevPAR up 1% y-o-y. 
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