OUE C-REIT's NPI up 42.5% to $62.08m in Q1

Submitted By:  Nathanielle Punay Case Study:  No Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI. OUE Commercial REIT (OUE C-REIT) saw its net property income (NPI) surge 42.5% YoY to $62.08m in Q1 from $43.57 in 2019, a local bourse filing revealed. Revenue jumped 40.5% YoY to $77.73m from $55.34m over the same period. Also read: OUE C-REIT's NPI leapt 48.3% to $204.95m in 2019 read more