Shares & Derivatives
Far East Hospitality Trust Review @ 3 November 2022
By REIT-TIREMENT  •  November 3, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Hospitality, Retail & Office
  • Country(s) with Assets: Singapore
  • of Properties (exclude development/associate/fund): 12
Key Indicators Performance Highlight Gross revenue, NPI and income available for distribution increased yoy mainly due to higher income from the hotels segment and probably lower property expenses. Revenue Per Available Room Both 3Q REVPAR for hotels and serviced residences have improved yoy. Asset Enhancement Initiative The renovation of The Elizabeth Hotel and rebranding to Vibe Hotel Singapore Orchard is completed and re-opened in early September. Related Parties Shareholding
  • REIT sponsor's shareholding: Above median for more than 20%
  • REIT manager's shareholding: Above median for more than 20%Advertisements
  • Directors of REIT manager's shareholding: Above median for more than 10%
Lease Profile
  • WALE: Above median for more than 20%
  • Highest lease expiry within 5 years: Below median for more than 20%; Falls in this year
  • Weighted average land lease expiry: Below median for more than 10%
...
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Your email address will not be published.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Your Email Address will not be published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