January 19, 2021 9:25 AMThe sale price exceeds the property's purchase consideration of $1 billion by 26.1 per cent. : SINGAPORE (THE BUSINESS TIMES) - The manager of OUE Commercial Real Estate Investment Trust (OUE C-Reit) has agreed to divest a 50 per cent stake in the Reit's OUE Bayfront property based on an agreed value of $1.27 billion, or $3,170 per sq ft, to a special purpose vehicle managed by Allianz Real Estate.