Far East Hospitality Trust (FEHT)

Including the amount retained, DPS for FEHT would have stood at 1.29 cents, representing a 29.1% decline y-o-y.

SINGAPORE (June 25): As retail businesses and F&B outlets have resumed operations in Phase 2 of the reopening of Singapore’s economy, new opportunities in the real estate investment trusts (REITs) sector have appeared.

With DPU uncertain, yield may not be the best indicator of value for REITs. As at March 31, the net asset values of most REITs stayed relatively stable. Hence P/NAV has been used in an attempt to identify undervalued REITs.

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee believe hospitality REITs in Singapore are “heading for a good start”.

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficiaries.

These hotels could be attractive privatisation candidates.

With the purchase, Golden Development owns 1.19 billion shares in FEHT or 61%, up from 60.99% previously.

This comes as Singapore recently initiated a travel ban on all China passport holders and foreigners who have visited China in the past 14 days.

SINGAPORE (Dec 18): Against an outlook that is “turning less cloudy”, DBS Group Research has advised investors to adopt a “barbell approach” to strike a balanced risk-reward.

SINGAPORE (Nov 5): Analysts are bullish on Far East Hospitality Trust (FEHT) amid a recovery in the Singapore hospitality sector.