Far East Hospitality Trust (FEHT)

Results

Far East Hospitality Trust reports 40% surge in 1HFY2022 DPS of 1.54 cents

Distribution to the REIT’s stapled security holders increased by 41.0% y-o-y to $30.6 million.
Capitaland, Link REIT vying for NTUC's $4 bil portfolio of malls  - THE EDGE SINGAPORE

Property

Capitaland, Link REIT vying for NTUC's $4 bil portfolio of malls

Mercatus manages assets worth more than $10 billion and is one of the largest mall owners by floor space in Singapore.
Straits Trading's fifth act  - THE EDGE SINGAPORE

Company in the news

Straits Trading's fifth act

The 135-year-old conglomerate is ramping up its hospitality and real estate investments in its quest to be the next Blackstone.
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS - THE EDGE SINGAPORE

Broker's Calls

Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS

The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.

Broker's Calls

Analysts positive on FEHT as operations and DPU improve

Analysts from five brokerages have maintained their "buy" calls on FEHT, with three raising their target prices.
Far East Hospitality Trust reports 17.2% higher distributable income of $14.7 mil in 1QFY2022 - THE EDGE SINGAPORE

Results

Far East Hospitality Trust reports 17.2% higher distributable income of $14.7 mil in 1QFY2022

The higher distributable income for the quarter was mainly due to the lower finance expenses.
DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries - THE EDGE SINGAPORE

Broker's Calls

DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries

The hospitality S-REITs subsector is still currently trading at attractive valuations even with the re-rating in prices: DBS

Broker's Calls

DBS says STI reaching near-term cap, reveals inflationary environment picks

Even as the optimism on the reopening of Singapore lifts the STI, it may be close to a peak, says DBS.
Stars 're-aligning' for hospitality S-REITs sub-sector with ART, CDLHT and FEHT being analysts' top picks - THE EDGE SINGAPORE

Broker's Calls

Stars 're-aligning' for hospitality S-REITs sub-sector with ART, CDLHT and FEHT being analysts' top picks

Units in ART, CDLHT, FEHT closed $1.12, $1.29 and 65 cents respectively, while units in FHT closed at 49 cents on March 25.
Expectations of a better year in FY2022 gives Far East Hospitality Trust a strong "buy" call from analysts - THE EDGE SINGAPORE

Broker's Calls

Expectations of a better year in FY2022 gives Far East Hospitality Trust a strong 'buy' call from analysts

Analysts from Maybank and CGS-CIMB’s have posted “buy” and “add” calls respectively on FEHT.
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