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Promising year ahead for OUE Hospitality Trust

Samantha Chiew
Samantha Chiew1/31/2018 11:25 AM GMT+08  • 4 min read
Promising year ahead for OUE Hospitality Trust
SINGAPORE (Jan 31): OUE Hospitality Trust (OUEHT) on Tuesday saw a 6.6% drop in 4Q17 distribution per stapled security (DPS) to 1.27 cents from 1.36 cents a year ago.
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SINGAPORE (Jan 31): OUE Hospitality Trust (OUEHT) on Tuesday saw a 6.6% drop in 4Q17 distribution per stapled security (DPS) to 1.27 cents from 1.36 cents a year ago.

This brings DPS for the full year to a record 5.14 cents, 11.5% higher than DPS of 4.61 cents a year ago.

The lower DPS during the quarter was attributed to the absence in income support for Crowne Plaza Changi Airport (CPCA) and higher interest expense, but partially offset by higher income received from hospitality and retail segments.

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