SG-listed OUE C-Reit sells 50% of Bayfront property to Allianz RE for $956m The Marina Bay Sands hotel and casino stands in Singapore, on Thursday, Feb. 18, 2016. Photographer: SeongJoon Cho/Bloomberg Premium Singapore-listed real estate investment trust OUE C-Reit is divesting its 50% stake in OUE Bayfront property to a special purpose vehicle managed by Allianz Real Estate on an agreed value of S$1.27 billion ($956 million). Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at [email protected]. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday