新闻

OUE REIT: Elevates Asset Value & Sustainability At OUE Bayfront, Unlocking Over 2.1K sq m Prime Office Space.

24 Mar 2026 17:30

OUE Bayfront has obtained planning approval for the conversion of its Level 17 chiller system area into prime office space. The conversion is expected to be completed by the first half of 2027 and will deliver incremental rental income, further reinforcing OUE Bayfront's long-term value. OUE Bayfront commenced works to connect to the District Cooling System in 2025. Once in operation, the DCS will enable OUE Bayfront to significantly reduce energy consumption, improve cooling efficiency, and lower greenhouse gas emissions. This initiative aligns with OUE Bayfront's Net Zero Transition Plan and OUE REIT's ESG Vision 2030 to reduce Scope 1 and 2 absolute greenhouse gas emissions by 40% for commercial assets by 2030...

More information available here.

Source: ShareInvestor Express