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OUE to sell iconic US Bank Tower - known for its cameos in Hollywood movies - for US$430 million The sale price is about…
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Broker's take: Sabana Reit upgraded to 'buy' on proposed 'safe abode' merger DBS Group Research said the union with ESR-…
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OUE to sell iconic US Bank Tower - known for its cameos in Hollywood movies - for US$430 million The sale price is about…

OUE to sell iconic US Bank Tower - known for its cameos in Hollywood movies - for US$430 million

The sale price is about two-thirds of the office building's US$650 million fair value as at Dec 31, 2019. OUE said the group's earnings per share is expected to decrease by S$0.35 for this fiscal year as a result of the disposal.

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