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OUE Limited (SGX:LJ3) is a leading real estate and healthcare group, growing strategically to capitalise on growth trends across Asia.

OUE’s real estate activities include the development, investment and management of real estate assets across the commercial, hospitality, retail, residential and healthcare sectors. OUE manages two SGX-listed REITs: OUE Commercial REIT, one of Singapore’s largest diversified REITs, and First REIT, a pan-Asian healthcare REIT. As at 31 December 2023, OUE’s total assets were valued at S$9.3 billion, with S$7.9 billion in funds under management across OUE’s two REIT platforms and managed accounts.

OUE Healthcare, an SGX Catalist-listed subsidiary of OUE, operates and owns high-quality healthcare assets in high-growth Asian markets. With a vision of creating a regional healthcare ecosystem that is anchored on Singapore’s medical best practices, OUE Healthcare’s portfolio of owned and operated businesses includes hospitals, medical centres, clinics and senior care facilities in Singapore, China, Japan, Indonesia and Myanmar.

Anchored by its “Transformational Thinking” philosophy, OUE has built a strong reputation for developing iconic projects, transforming communities, providing exceptional service to customers and delivering long-term value to stakeholders.

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Listed on the Catalist Board of Singapore Exchange Securities Trading Limited ("SGX-ST"), OUE Healthcare Limited ("OUEH" or the "Company", and together with its subsidiaries, the "Group") is a subsidiary company of OUE Limited ("OUE"). OUEH is a Pan-Asian healthcare group that owns, operates and invests in quality healthcare businesses in high-growth Asian markets.

OUEH currently operates one general hospital, Wuxi Lippo Xi Nan Hospital, in China. Its joint venture with China Merchants Group is developing a high-end international hospital, Shenzhen China Merchants – Lippo Prince Bay Hospital to serve the affluent Greater Bay Area, and will lease and operate an Obstetrics & Gynaecology hospital, Changshu China Merchants-Lippo O&G Hospital.

In Myanmar, OUEH holds a 40% stake in the joint venture companies that own and operate seven medical facilities in Myanmar that are branded as Pun Hlaing Hospitals.

OUEH is also the sponsor and the largest unitholder of First Real Estate Investment Trust ("First REIT"), Singapore's first listed healthcare real estate investment trust, where it directly owns approximately 33% of the REIT. It also holds a 40% stake in its manager, First REIT Management Limited.

OUEH continually seeks to grow its healthcare businesses in Asia via its three-pronged strategy in developing strategic partnerships, adopting an asset-light approach and growing its Pan-Asian presence.

In February 2018, ITOCHU Corporation ("ITOCHU") took a strategic stake in OUEH with the completion of a placement of 562,500,000 new ordinary shares. ITOCHU is listed on the Tokyo Stock Exchange and is amongst the largest and most diversified trading companies in the world with presence in 63 countries.

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