Welcome!
Far East Hospitality Trust (FEHT)
Results
FEHT posts 1% dip in 3Q DPS to 1.04 cents on enlarged base
SINGAPORE (Oct 30): The manager of Far East Hospitality Trust (FEHT) has announced distribution per stapled security (DPS) of 1.04 cents for the 3Q19 ended September, some 1.0% lower than DPS of 1.05 cents a year ago.
October 30, 2019
Investing ideas
Slowing tourist arrivals for now but new attractions, limited rooms to benefit hospitality REITs ultimately
SINGAPORE (Aug 28): In 1Q19 ended March, Singapore saw international visitor arrivals grow 1% to 4.7 million visitors while tourism receipts fell 4.8% y-o-y to $6.5 billion, according to data from the Singapore Tourism Board (STB). Meanwhile, gazetted hot
August 28, 2019
Yield watch
GDP slowdown and trade war take their toll on local hospitality sector
SINGAPORE (Aug 5): On July 30, CDL Hospitality Trusts, Far East Hospitality Trust, Ascott Residence Trust and ARA US Hospitality Trust released their 2QFY2019 results before the market opened. Performance was varied (see Table 1), with CDLHT’s distribut
August 01, 2019
Broker's Calls
Far East Hospitality Trust 'not yet compelling' amid muted outlook: OCBC
SINGAPORE (June 13): OCBC Investment Research is maintaining its “hold” rating on Far East Hospitality Trust (FEHT) with a fair value estimate of 67 cents, amid a muted outlook and ongoing macroeconomic uncertainties that are expected to weigh on the
June 13, 2019
In print this week
SGX explains why Singapore is Asia's largest global REIT platform
(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various
May 06, 2019
Broker's Calls
FEHT kept at ‘buy’ by both CGS-CIMB and Maybank on ‘cautious optimism’
SINGAPORE (Apr 29): CGS-CIMB Securities and Maybank Kim Eng are maintaining their “buy” calls on Far East Hospitality Trust (FEHT) with target prices of 71 cents and 80 cents respectively.
April 29, 2019
Results
Far East Hospitality Trust declares 3.2% lower 1Q DPS of 0.91 cent
SINGAPORE (Apr 25): The manager of Far East Hospitality Trust (FEHT) has declared 1Q19 DPU of 0.91 cent, 3.2% lower than 0.94 cent in 1Q18.
April 25, 2019
Broker's Calls
ART, FEHT downgraded to 'hold' by OCBC; hospitality sector grapples with weak RevPAR
SINGAPORE (Apr 16): OCBC Investment Research has downgraded its recommendations for both Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) to “hold” from “buy”, after a strong rally so far this year for the two hospitality REITs.
April 16, 2019
Broker's Calls
FEHT downgraded to 'hold' on slowdown in upscale and mid-tier hotel RevPAR
SINGAPORE (Apr 16): “According to channel checks as well as Singapore Tourism Board (STB) data, we are likely looking at a soft 1Q19 for SG hotels,” says OCBC Investment Research analyst Deborah Ong in a Monday report.
April 16, 2019
Broker's Calls
12 stocks that could get a boost from IR 2.0
SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.
April 05, 2019