SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
Far East Hospitality Trust’s net property income jumps 27.7% YoY to $98.7m in FY23
With improved NPI, the REIT recorded a full-year DPS of $0.0409.
Far East Hospitality Trust's net property income soars to $28.1m in 3Q23
The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.
Hospitality REITs to get a boost from the normalisation of leisure and business travel
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
Far East Hospitality Trust revenue soars 20.1% to $25.19m YoY
Its hotel segment contributed the largest with its $18.47m revenue.
Far East H-REIT receives $18m incentive fee from Central Square divestment
The REIT has received a total of $331.2m from the sale of the property.
Analyst remains neutral on S-Reits amidst global financial situation
There may be tighter financial conditions in the US due to interbank rates.
S-REITs bounces back in November as total returns rise by 5.7%
In October, S-REITs' total returns fell by 5.6%.
Far East Hospitality jumps to ‘Kangaroo route’ with 2 new Australian brands
To do this, the firm will rebrand two of its existing properties.
FEHT net property income up 16.1% in 2HFY2021
Net property income was up 4.1% for the full financial year.
CDLHT, FEHT to see improved results going into 2022
This was according to a report published by UOBKayHian.
Far East Hospitality Trust to divest Central Square for $313.2m
A potential incentive fee of up to $18m may be applied.
Far East Hospitality Trust net property income up 2.6% to $18.31m
Gross revenue from commercial premises saw a slight uptick in Q3.
Meaningful recovery for hospitality sector likely in 2022: OCBC
OCBC Investment Research expects hospitality REITs to post stronger second-half results.
Chia Boon Kuah quits as Far East Hospitality Trust director
He resigned following his appointment as the director of GuocoLand and the group president and CEO of GuocoLand Group effective 3 February 2014.
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