OUE REIT plans to buy additional 50% stake in Sydney’s 180 George Street for AUD 864 million

• OUE REIT proposed acquiring an additional 50% stake in Sydney’s 180 George Street for AUD 864 million (SGD 774.1 million) on October 23, 2026.
• The acquisition would increase ownership of the freehold commercial tower to 69.9%, giving the trust majority control.
• Pricing is 3.7% below the prior acquisition price, with expected pro forma distribution per unit accretion of 3.2%.
• Pro forma aggregate leverage would reach 45.3% following the acquisition and Crowne Plaza Changi Airport divestment, pending further asset sales.
• The airport hotel sale closed October 30, 2026, unlocking SGD 498.5 million at a 1.3% premium to valuation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OUE Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5EX934SXKIJQOFB7) on November 03, 2026, and is solely responsible for the information contained therein.