OUE Real Estate Investment Trust announced on Feb, 20 2026 that indirect subsidiary OUB Centre Limited, which owns 81.54% of One Raffles Place, has begun an exercise with United Overseas Bank Limited, owner of the remaining 18.46%, to gauge market interest in the landmark office and retail complex. The disclosure follows a media report that the property could be marketed for between 2.3 billion Singapore dollars and 2.4 billion Singapore dollars.

The manager noted that there is no assurance any binding agreement or transaction will emerge from the process and said further announcements will be made on the Singapore Exchange if material developments arise.

Unitholders and potential investors were advised to exercise caution when dealing in OUE REIT units.