OUE REIT's distribution per unit climbs 5.4% YoY in H1

The growth reflects the resilience of its diversified Singapore portfolio.

OUE Real Estate Investment Trust reported that its distribution per unit (DPU) increased by 5.4% YoY to 0.98 Singapore cents for the first half of 2025.

Excluding the capital distribution, core DPU also increased by 11.4% YoY.

This gain reflects effective capital management and the resilient performance of its Singapore commercial portfolio, it said in a report on 23 July.

OUE REIT reported that its Singapore office properties’ committed occupancy remained healthy at 95.5% with positive rental reversion of 9.1% achieved in Q2 2025. Mandarin Gallery occupancy also remained high at 99.0% with positive rental reversion of 34.3% recorded in the same period.

In its report, it said that revenue and net property income (NPI) for H1 2025 were $131.1m and $105.3m, representing YoY declines of 10.6% and 10.1% respectively, mainly due to the absence of revenue contributions from Lippo Plaza Shanghai, which was divested in December 2024.

On a like-for-like basis, revenue and NPI slightly decreased by 2.7% and 2.0% YoY, respectively, with the Singapore commercial portfolio performance partially offsetting lower contributions from the hospitality segment.

Share of joint venture results increased by 41.0% YoY to $6.3m for H1 2025.

Unitholders can expect the distribution payment for H1 2025 on 3 September, after the books are closed on 31 July.

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