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Sunday 8 May 2016
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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