OUE stock forum
LJ3 OUE REIT: Undervalued with Growth PotentialOUE REIT (TS0U) has undertaken significant asset enhancement initiatives in recent years, including upgrading Hilton Singapore Orchard and Crowne Plaza Changi Airport. Wong believes these improvements are not fully priced in, leaving room for growth in net property income.
Trading at below half its book value, OUE REIT faces concerns over office market oversupply. However, Wong argued that the REIT offers an attractive risk-reward balance, with a higher yield compared to its peers. His target price for OUE REIT is 32 cents.