Read? OUE Commercial REIT - My Analysis In my analysis, I had decided that OUECR would be a good yield play at its current price of $0.805.  Fellow blogger B had highlighted certain concerns, chiefly the significant discount to NAV is probably due to the overly high valuation of Lippo Plaza property. I had written to OUECR Investor Relations to clarify on on the following:

1. options available for the REIT once the land lease expires in China; and
2. whether the valuation of Lippo Plaza property takes into account the short land lease.

The IR person was quick to reply within a day.  Below are the answers from OUECR:

1. "As per pages 267/268 of the prospectus, a land use right will terminate upon the expiration of the term of grant specified in the land use right contract. Under the Urban Land Regulations, the maximum term of the land use right ...

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