2HFY2021 gross revenue grew 6.9% y-o-y to $41.7 million due to the serviced residences (SR) segment performing above the fixed rent. The master lease rental for the hotel segment remained at the fixed rent level during the half-year period.
The manager of Far East Hospitality Trust (FEHT) has reported a distribution per stapled security (DPS) of 1.53 cents for the 2HFY2021 ended December, 10.9% higher than the DPS of 1.38 cents in the corresponding period the year before.
This brings DPS for the FY2021 to 2.63 cents, 9.1% higher than the DPS of 2.41 cents in the FY2020.
