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OUE Hospitality Trust upgraded on receding supply headwinds and T4 opening

PC Lee
PC Lee4/3/2017 02:50 PM GMT+08  • 2 min read
OUE Hospitality Trust upgraded on receding supply headwinds and T4 opening
SINGAPORE (April 3): RHB is upgrading OUE Hospitality Trust to “buy” from “neutral” as it sees sector headwinds receding in 2H17 with catalysts emerging.
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SINGAPORE (April 3): RHB is upgrading OUE Hospitality Trust to “buy” from “neutral” as it sees sector headwinds receding in 2H17 with catalysts emerging.

Construction of Changi Airport’s Terminal 4 has been completed and is slated to open early 2H17.

T4 would be able to handle 16 million passengers p.a. bringing total annual capacity to 85 million.

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