“We expect to see further finance cost savings in FY2026, with weighted average cost of debt likely to fall by another 30-40 basis points, according to management at its 2HFY2025 results briefing,” states the team.
Lock Mun Yee and Li Jialin from CGS International are reiterating their ‘add’ call on Far East Hospitality Trust (SGX:Q5T
) (FEHT), but with a lowered target price of 72 cents, from 76 cents, following the latest FY2025 results.
In their Feb 13 report, they see interest expense savings coming through for the REIT, given full-year finance expense down some 21.5% y-o-y. “Finance savings offset the decline in net property income (NPI) and supported positive distributable income.”
