SINGAPORE, Oct. 1, 2026 /PRNewswire/ — OUE REIT Management Pte. Ltd., in its capacity as manager (the “Manager”) of OUE Real Estate Investment Trust (“OUE REIT”), is pleased to announce that OUE REIT has retained its four-star rating for the third consecutive year in the 2026 Global Real Estate Sustainability Benchmark (“GRESB”) assessment, achieving a record overall score of 88.7 points.
OUE REIT’s overall score increased by 3.4 points compared with 2025, surpassing both the 2026 GRESB average of 80.9 and the peer group average of 83.6. The improvement was mainly driven by stronger performance in the environmental category, alongside consistently high social and governance scores.
Mr Han Khim Siew, Chief Executive Officer and Executive Director of the Manager, said, “Sustainability is an integral part of how we manage and future-proof our portfolio, supporting long-term value creation through responsible capital stewardship, disciplined asset management, and operational excellence. During the year, OUE Bayfront joined the Marina Bay District Cooling System, marking a key milestone in its decarbonisation journey. The initiative is expected not only to deliver meaningful energy savings, but also to unlock additional value by converting the former chiller plant space into premium office space for lease. More recently, One Raffles Place Shopping Mall became the first retail mall in Singapore to attain the EDGE Advanced green building certification. Looking ahead, we will continue to advance our climate transition initiatives, improve resource efficiency, and deliver sustainable value to our Unitholders.”
About OUE REIT
OUE Real Estate Investment Trust (“OUE REIT”), formerly known as OUE Commercial Real Estate Investment Trust, is one of the largest diversified Singapore REITs (“S-REITs”) with total assets under management of S$6.1 billion[1].
OUE REIT aims to deliver stable distributions and provide sustainable long-term growth in return to holders of units (“Unitholders”) by investing in income-producing real estate used primarily for hospitality, retail and/or office purposes in financial and business hubs, as well as real estate-related assets.
OUE REIT’s portfolio comprises seven high-quality office, hospitality and retail assets located in Singapore and Australia. Rooted in Singapore, OUE REIT’s three office assets, OUE Bayfront, One Raffles Place and OUE Downtown Office, are situated within the Central Business District, with a total net lettable area (“NLA”) of approximately 1.7 million square feet (“sq ft”).
OUE REIT’s two hotels, Hilton Singapore Orchard and Crowne Plaza Changi Airport, are strategically located along the prime Orchard Road belt and within the Changi Airport vicinity, offering a total of 1,655 upper upscale hotel rooms. Complementing Hilton Singapore Orchard is Mandarin Gallery, a 126,283 sq ft high-end retail mall that has been a preferred destination for international brands in the heart of Orchard Road.
The latest addition to OUE REIT’s portfolio is 180 George Street (also known as Salesforce Tower), Sydney, a premium-grade commercial asset in which OUE REIT holds a 19.9% interest. Comprising 666,437 sq ft of NLA, 180 George Street is strategically situated in Circular Quay, one of Sydney’s key corporate and cultural precincts. As Sydney’s tallest office tower, 180 George Street is a landmark asset that strengthens the portfolio’s exposure to high-quality office real estate in a prime gateway city.
Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 27 January 2014, OUE REIT is managed by OUE REIT Management Pte. Ltd. (the “Manager”), a wholly owned subsidiary of OUE Limited (the “Sponsor”). The Sponsor is a leading real estate and healthcare group, growing strategically to capitalise on growth trends across Asia. Its real estate activities include the development, investment and management of real estate assets across the commercial, hospitality, retail, residential and healthcare sectors.
For more information, please visit www.ouereit.com.
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[1] Includes OUB Centre Limited’s 81.54% interest in One Raffles Place, 50% interest in OUE Bayfront and 19.9% interest of Salesforce Tower. Independent valuations of the Singapore assets are as of 31 December 2025, and the valuation for Salesforce Tower is as of 31 January 2026, assuming an SGD:AUD exchange rate of S$1.00:A$1.117 as of 24 February 2026. |
About the Sponsor: OUE Limited
OUE Limited (SGX:LJ3) is a leading real estate and healthcare group, growing strategically to capitalise on growth trends across Asia. Incorporated in 1964 and listed in 1969, OUE has a proven track record of developing and managing prime real estate assets, with a portfolio spanning the commercial, hospitality, retail and residential sectors.
OUE manages two SGX-listed REITs: OUE REIT, one of Singapore’s largest diversified REITs, and First REIT (a subsidiary of OUE Healthcare), Singapore’s first listed healthcare REIT. As at 31 December 2025, OUE’s total assets were valued at S$8.4 billion, with S$7.3 billion in funds under management across OUE’s two REIT platforms and managed accounts.
OUE Healthcare, an SGX Catalist-listed subsidiary of OUE, operates and owns high-quality healthcare assets in high-growth Asian markets. With a vision of creating a regional healthcare ecosystem that is anchored on Singapore’s medical best practices, OUE Healthcare’s portfolio of owned and operated businesses includes hospitals, medical centres, clinics and senior care facilities in Singapore, Japan, Indonesia, China and Myanmar.
Anchored by its “Transformational Thinking” philosophy, OUE has built a strong reputation for developing iconic projects, transforming communities, providing exceptional service to customers and delivering long-term value to stakeholders.
For more information, please visit www.oue.com.sg.
