0651 GMT - OUE REIT could unlock significant value if it sells a Singapore office and retail development, says DBS Group Research's Tabitha Foo in a note. OUE REIT said its subsidiary is among parties conducting an exercise to determine market interest for the property. The asset comprises close to 32% of OUE REIT's portfolio and represents S$0.32 per unit in potential proceeds, the analyst says. The real-estate investment trust could return some capital to its unitholders if the potential sale materializes, she adds. The sale could also be accretive if the proceeds are used elsewhere, such as potentially buying a stake in a Sydney office tower. DBS maintains its buy rating and S$0.45 target price. Units rise 4.2% to S$0.37. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 20, 2026 01:51 ET (06:51 GMT)
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