Here's why fund management business could be OUE's next cash cow
Higher recurring income stream underway.
According to Phillip Securities Research, with the recent OUE H Trust and the potential listing OUE Commercial Trust, the fund management business will expand and provide OUE with higher recurring income stream.
Here's more:
We believe OUE will continue to monetize its performing stabilized properties, capitalizing on the heightened fair value for greater growth opportunities, which includes acquisitions, developments and redevelopment works to strengthen the OUE business.