OUE Exercises Option to Buy Crowne Plaza Changi Airport

By Public Technologies
  • OUE's OUE TC Airport Hotel Trust exercised its call option on October 21, 2026, to acquire Crowne Plaza Changi Airport's leasehold property.
  • The exercise creates a binding purchase agreement with the OUE REIT Trustee covering the property, plant and equipment.
  • Property completion is scheduled for October 30, 2026, unless mutually extended; the hotel business acquisition is intended to close concurrently.


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