FAR East Hospitality Trust’s (Far East H-Trust) distribution per stapled security (DPS) fell 30.7 per cent to 1.38 Singapore cents for the half year ended Dec 31, 2020 compared to 1.99 cents for the year-ago period. Gross revenue for the half-year period was S$39 million, 34.8 per cent lower than a year ago at S$59.8 million. The manager attributed the fall in revenue to lower rentals in its hotel arm, as well as rental rebates and lower occupancy for its offices. Net property income eased 38 per cent to S$33.6 million for H2 2020 compared to S$54.1 million for H2 2019. Total distributable income for the half year dipped 29.5 per cent year on year to S$27.5 million from S$38.9 million the previous year. The distribution will be paid out on March 22 after book closure on Feb 22....