Shares & Derivatives
Far East Hospitality Trust Review @ 15 May 2023
By REIT-TIREMENT  •  May 15, 2023
Basic Profile & Key Statistics Main Sector(s): Hospitality, Retail & OfficeCountry(s) with Assets: SingaporeNo. of Properties (exclude development/associate/fund): 12 Key Indicators Performance Highlight Gross revenue, NPI and the income available for distribution increased YoY mainly due to higher income from the hotels' segment. Revenue per Available Room REVPAR has been improving for both hotels and serviced residences where REVPAR for hotels has recovered to 95% of the 2019 level and REVPAR for serviced residences has surpassed the 2019 level. Asset Enhancement Initiative Renovation of Public Restrooms for Rendezvous Hotel Singapore has been completed. Related Parties Shareholding REIT Sponsor's Shareholding: Above median by 20% or moreREIT Manager's Shareholding: Above median by 20% or moreDirectors of REIT Manager's Shareholding: ± 10% from median Lease Profile WALE: Above median by 20% or moreHighest Lease Expiry within 5 Years: Below median by 20% or more; Falls in 2023Weighted Average Land Lease Expiry: Below median by 10% or more Debt Profile Gearing Ratio:...
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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 ...
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