21 June 2024
Under the Radar: Why did OUE REIT rebrand itself from OUE Commercial REIT and how far will growth be driven by its hospitality and retail properties looking forward?
It’s all about S-Reits today as we continue our conversation with a company that is also the first ever guest we had on board on Under the Radar back in February last year.
Make a guess! The company is behind some of the most prominent skyscrapers we see at the Central Business District, and is said to be one of the largest diversified S-Reits with total assets under management of S$6.3 billion as at the end of 2023.
Well, listed on the mainboard of the Singapore Exchange back in January 2014, OUE REIT is a wholly owned subsidiary of OUE Limited, a leading real estate and healthcare group that looks to tap growth trends across Asia.
On its own, OUE REIT owns two hotels, namely Hilton Singapore and Crowne Plaza Changi Airport. It also counts the Mandarin Gallery, as well as commercial properties OUE Bayfront, One Raffles Place and OUE Downtown Office as its assets. Out of Singapore, the Reit also owns a Grade A commercial asset called Lippo Plaza in Shanghai’s business district of Puxi.
But why are we talking to OUE REIT you might ask? Well, OUE REIT was recently rebranded from OUE Commercial REIT in January 2024 to reflect its focus on growth opportunities in the hospitality, office and retail sectors, but what can we look forward to on this front?
Meanwhile, OUE REIT had also in April reported higher revenue and net property income in the first quarter of 2024, where net property income rose 6.9 per cent on the year to S$60.5 million. But how far is this driven by commercial properties and increased tourist spending at its hotels and how far can this continue?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Han Khim Siew, Chief Executive Officer and Executive Director of OUE REIT.

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23 November 2023
Mind Your Business: OUE C-REIT's solid Q3 performance drives 2024 optimism
OUE Commercial REIT is making waves with a compelling 29.8% surge in net property income for Q3.
From a revitalised Singapore tourism sector to impressive gains in hospitality and commercial assets, the trust's recent financial report tells a story of growth and strategic positioning.
Han Khim Siew, Chief Executive Officer and Executive Director, OUE Commercial Reit delves into key aspects of the trust’s recent performance, shedding light on what’s driving success and exploring nuanced considerations for investors and industry observers into H12024.
Presented by Audrey Siek
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech

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24 July 2023
Mind Your Business: You can't win with one "Michael Jordan" - OUE Commercial REIT CEO
In this episode of Mind Your Business' chat with a C-Suite, we go inside a CEO's "locker room" to explore the connection between sports and leadership, and how to lead like a champion.
Han Khim Siew, Chief Executive Officer and Executive Director, OUE Commercial Reit, who’s actively involved in many sports, including basketball, water polo, golf, tennis and surfing, shares the lessons he has learned playing sports and how those experiences, camaraderie and challenges on the field have helped to shape his approach towards building a winning team in the workplace.
Presented by Lynlee Foo and Ryan Huang
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech

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1 February 2023
Under The Radar: OUE Commercial Reit’s CEO on FY 2022 earnings, Distribution to investors, Office occupancy, Rebranding of Hilton Singapore and MICE recovery, China’s tough COVID-19 policy and its potential long-term damage to leasing sentiment upon relaxation
In our first episode of Under The Radar, we talk about REIT managers and what’s next as they put their FY 2022 earnings behind them. Our guest for today is from OUE Commercial Reit, which has a property portfolio  comprising approximately 2.2 million square feet of prime office and retail space, and 1,643 upper upscale hotel rooms in Singapore and Shanghai.
The real estate investment trust company recently announced their earnings for FY 2022 earlier this week, where net property income increased some 8.6% on a yearly basis to S$103.3 million. And as the travel resumes and borders reopen, we want to find out what’s next for the company in 2023.
On Under The Radar, Prime Time’s finance presenter Chua Tian Tian sat down with Han Khim Siew, CEO of Commercial Reit for more.

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