I realised that I spent so much time over my rights experience that I forgot to calculate the stock performance.
In a nutshell:
Purchased 1,500 shares of OUE at $0.810
Cost: $1,218.02 (including commission).
Entitled to 675 rights and allocated 1,025 excess at $0.555
Cost: $943.50
Total cost: $2,161.52
Average buy price: $0.675
Distribution yield for 2015 is 6.89% based on IPO price of 80 cents.
Distribution yield based on my purchase price: 8.16%
OUE Commerical REIT is currently priced at $0.675 which means I broke even excluding commissions. While there is no capital gain, a 8.16% yield fits perfectly into my investing for income. I will probably not revisit it for a while unless there is another major announcement or a sharp fall in price.