OUE REIT issues 7.1 million units as base fee payment

The units were issued under the trust deed constituting OUE REIT in 2013.

OUE Real Estate Investment Trust (OUE REIT) has issued 7.1 million units for $0.2779 apiece as base fee payment, according to a bourse filing.

The units were issued under the trust deed constituting OUE REIT in 2013 as payment for 50% of the base fee for the period from 1 October 2024 to 31 December 2024.

It will be issued directly to OUE Limited as OUE REIT Management acting as manager of OUE REIT has entered into an arrangement to sell all shares to OUE.

Currently, REIT Management has no unitholding in OUE REIT and the total number of units in issue is 5.5 billion.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia