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Why 'bigger is better' could apply to the proposed OUE merger

By Goola Warden

/ The Edge Singapore |

April 9, 2019 11:55 AM SGT

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SINGAPORE (April 9): Enlarged scale was among the main reasons for the proposed merger of OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE HT), The Edge Singapore understands from attending an April 8 media briefing with the respective REITs managers and their investment bankers.

A portfolio valued at $6.8 billion and free float of $1.08 billion would make the enlarged REIT more visible to institutional investors.

Both OUE C-REIT and OUE HT currently have limited liquidity. As such, the higher market cap could potentially result in higher trading liquidity and potential index inclusion, say their managers in a joint announcement issued on Monday.

This article - Why 'bigger is better' could apply to the proposed OUE merger is originally from TheEdgeSingapore.com

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Institutional investors seen on the hunt for CBD deals but mind the price gap

Deferred losses for recent sellers at OUE Twin Peaks

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