OUE Commercial REIT - Annual Report 2021

02 Corporate Profile 03 Structure of OUE C-REIT 06 Key Highlights 08 Properties at a Glance 12 Strategy 16 Letter to Unitholders 24 Board of Directors 28 The REIT Manager 30 Financial Review 31 Portfolio Review 37 Capital Management 38 Portfolio Overview 52 Independent Market Review 76 Investor Relations 78 Sustainability Report 122 Corporate Governance 140 Financial Statements 242 Interested Person and Interested Party Transactions 244 Statistics of Unitholdings Corporate Information CONTENTS