Basic Profile & Key Statistics OUE Commercial Trust (OUECT) is a diversified REIT that invests in office, hospitality and retail properties. OUECT owns 7 properties in Singapore and China. Performance Highlight Gross revenue and NPI declined YoY due to OUE Bayfront performance being accounted in shares of joint venture after 50% interest divestment. Nonetheless, distributable income and DPU are declined YoY due to the this divestment. Rental Reversion The rental reversion is a mixed. As compared to 2020 average passing rents for OUE bayfront, One Raffle Place and OUE downtown are improving. However, average passing rents for Lippo Plaza and Mandarin Gallery are declining. Revenue Per Available Room In 4Q, REVPAR has been improved due to gradual relaxation of borders and VTLs arrangement. However, REVPAR for full year is slightly lower due to renovation for Mandarin Orchard Singapore. Re-Branding The relaunch has been scheduled on 1 March....