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Anonymous

24 Sep 2020

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Does OUE Commercial REIT sees any impact on its office properties since it contributes most of the revenue?

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As shared by OUE Commercial REIT during the live session, OUE Commercial REIT has highlighted that it sees minimal impact on its office properties despite contributing about 61% of the REIT’s revenue. The REIT also mentioned that the office properties will be stable for the foreseeable period.

The reason being the end tenants for the office properties still continue to operate during the circuit breaker period despite the employees are working from home. Therefore, the office properties in the portfolio is the most resilient.

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