Oue Real Estate Investment Trust · SGX:TS0U
Oue Real Estate Investment Trust — OUE REIT — Merger or Acquisition (June 2026)
14 slides from Oue Real Estate Investment Trust's merger presentation, Jun 25, 2026
Slide 1: Proposed Divestment of Crowne Plaza Changi Airport
Proposed Divestment of Crowne Plaza Changi Airport Crystallising Value, Funding Accretive Growth S$500m consideration 1.3% premium to valuation 5.8% DPU uplift 25 June 2026
Slide 2: Important Notice
Important Notice This presentation should be read in conjunction with the announcements released by OUE REIT (“OUE REIT”) on 25 June 2026 (in relation to its Proposed Divestment of Crowne Plaza Changi Airport, As An Interested Person Transaction And An Interested Party Transaction). This presentatio
Slide 3: Agenda
Agenda 04 The Proposed Divestment 06 Advancing Phase 3 Value Creation Journey 12 Use of Proceeds and Proposed Special Distributions 13 Expected Indicative Timeline
Slide 4: The Proposed Divestment
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Slide 5: Divesting Above Valuation – Unlocking Capital for Higher-Quality Opportunities
Divesting Above Valuation – Unlocking Capital for Higher-Quality Opportunities Selling at the Optimal Window – Ahead of Contract Expiry, Capital Expenditure Obligations, and Loss of Income Protection S$500.0m +1.3% S$498.5m Divestment consideration Premium to average of Net cash proceeds(1) provide
Slide 6: Sustaining Momentum: Advancing Phase 3 Value Creation Journey
Sustaining Momentum: Advancing Phase 3 Value Creation Journey
Slide 7: Embarking on Phase 3 (2026 & Beyond): Total Return & Value Crystallisation
Embarking on Phase 3 (2026 & Beyond): Total Return & Value Crystallisation Focusing on closing the NAV gap through value creation and compounding growth ACTIVE CAPITAL FROM MATURE ASSETS TO ASSETS WITH HIGHER RETURN STEWARDSHIP Close the NAV gap with Lower yield DPU and NAV accretion Philosophy: Act
Slide 8: Sustaining Phase 3 Momentum: Why Now?
Sustaining Phase 3 Momentum: Why Now? Strategic Portfolio Repositioning – Crystallising Value to Fund Accretive Growth OUE REIT STRATEGY Optimal timing to monetise a mature asset ahead of significant capital expenditure requirements The Proposed Divestment represents a decisive step in OUE REIT’s Ph
Slide 9: Sustaining Phase 3 Momentum: Capital Recycling Playbook
Sustaining Phase 3 Momentum: Capital Recycling Playbook Recycling Capital from Non-Core Assets into Accretive Investment Opportunities OUE REIT STRATEGY ▪ Divesting a mature, non-core asset to unlock S$498.5 million in deployable capital ▪ Redeploy into assets with superior risk-adjusted returns: ✓
Slide 10: Sustaining Phase 3 Momentum: Balance Sheet Impact
Sustaining Phase 3 Momentum: Balance Sheet Impact Materially Strengthened Balance Sheet with Capacity for Growth OUE REIT STRATEGY ▪ Pro forma aggregate leverage declined by approximately 5 percentage points to 36.6%, creating significant debt headroom to pursue DPU-accretive acquisitions Pro forma(
Slide 11: Use of Proceeds and Proposed Special Distributions
Use of Proceeds and Proposed Special Distributions 11
Slide 12: Use of Proceeds and Proposed Special Distribution
Use of Proceeds and Proposed Special Distribution DPU Protected with Immediate Special Distribution to Unitholders ▪ Net cash proceeds from the Proposed Pro forma FY 2025 DPU increased by 5.8% post Divestment would be approximately Special Distribution(2) S$498.5 million.(1) Singapore cents ▪ Enable
Slide 13: Expected Indicative Timeline
Expected Indicative Timeline Unitholders’ approval is required for the Proposed Divestment 25 June 2026 3Q 2026 4Q 2026 Announcement of the Dispatch of circular and notice Completion of the Proposed Divestment of EGM Proposed Divestment Extraordinary General Meeting Interested Person Transaction and
Slide 14: Proposed Divestment of Crowne Plaza Changi Airport
Proposed Divestment of Crowne Plaza Changi Airport Crystallising Value, Funding Accretive Growth S$500m consideration 1.3% premium to valuation 5.8% DPU uplift 25 June 2026