Shares & Derivatives
Frasers Hospitality Trust Review @ 26 May 2022
By REIT-TIREMENT  •  May 26, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Hospitality
  • Country(s) with Assets: Australia, Singapore, England, Japan, Germany, Malaysia & Scotland
  • of Properties (exclude development/associate/fund): 15
Performance Highlight Gross revenue, NPI and income available for distribution have increased yoy due to easing of COVID-19 restrictions and border re-opening. DPS has increased significantly due to the absence of retention in 1H FY22. Revenue per Available Room Besides Australia, REVPAR has improved across the board. The decrease of REVPAR for Australia is due to the end of government quarantine business in Dec 2021 for Novotel Melbourne on Collins and Feb 2022 for Frasers Suites Sydney. Related Parties Shareholding
  • REIT sponsor's shareholding: ± 10% from median
  • REIT manager's shareholding: Above median for more than 10%
  • Directors of REIT manager's shareholding: Above median for more than 20%
Lease Profile
  • WALE: Above median for more than 20%
  • Highest lease expiry within 5 years: Below median for more than 20%; Falls in 2024
  • Weighted average land lease expiry: Above median for more than 20%
...
Read the full article
By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance