Shares & Derivatives
Far East Hospitality Trust Review @ 15 August 2022
By REIT-TIREMENT  •  August 15, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Hospitality, Retil & Office
  • Country(s) with Assets: Singapore
  • of Properties (exclude development/associate/fund): 12
Key Indicators Performance Highlight Gross revenue declined slightly due to the divestment of Central Square on 24 March 2022, but NPI improved due to lower property tax and the absence of impairment loss. Subsequently, income available for distribution improved due to improved NPI and lower finance costs. For the divestment gain of Central Square, FEHT intends to distribute approximately S$8 million per year over three years. Revenue Per Available Room Both REVPAR for hotel and serviced residences have improved yoy. Asset Enhancement Initiative Refurbishment Regency House is completed and rebranded to Adina Serviced Apartments Singapore Orchard on 7 July. Related Parties Shareholding
  • REIT sponsor's shareholding: Above median for more than 20%
  • REIT manager's shareholding: Above median for more than 20%
  • Directors of REIT manager's shareholding: Above median for more than 10%
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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 ...

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