There was a trading halt for OUE Hospitality Trust on 8th April 2019 and investors like me who are vested in OUE Hospitality Trust smell something fishy. The announcement came shortly. The respective managers of OUE Commercial REIT (“OUE C-REIT”) and OUE Hospitality Trust (“OUE H-Trust”) jointly announced the proposed merger of OUE C-REIT and OUE H-Trust (the “Proposed Merger”).

With the merger, the total assets will increase to approximately S$6.8 billion, making it one of the largest diversified S-REITs (Office and Hospitality).

The managers cited the following reasons for the proposed merger:

With the merger, OUE Hospitality Trust investors get to own OUE Bayfront, One Raffles Place, OUE Downtown Office and Lippo Plaza which I