Far East Hospitality Trust

Q5T

SG2F08984575

Specialized REITs

Market Closed - Singapore S.E. Other stock markets 05:04:31 2024-05-20 am EDT			5-day change	1st Jan Change
0.62 ^SGD	+1.64%		+0.81%	-6.77%

Apr. 30	Far East Hospitality Trust Announces Board Composition Changes	CI
Apr. 30	Far East Hospitality Trust Appoints Quek See Tiat as Independent Director, Effective May 01, 2024	CI

Cdl Constellation Pte. Ltd. completed the acquisition of Central Square from Far East Hospitality Trust.

March 23, 2022

Cdl Constellation Pte. Ltd. agreed to acquire Central Square from Far East Hospitality Trust (SGX:Q5T) for approximately SGD 310 million on December 2, 2021. The transaction is expected to complete on March 24, 2022. Ernest Teo of Allen & Gledhill acted as a legal advisor to CDL Constellation Pte. Ltd..

Cdl Constellation Pte. Ltd. completed the acquisition of Central Square from Far East Hospitality Trust (SGX:Q5T) on March 24, 2022.

Latest news about Far East Hospitality Trust

Far East Hospitality Trust Announces Board Composition Changes	Apr. 30	CI
Far East Hospitality Trust Appoints Quek See Tiat as Independent Director, Effective May 01, 2024	Apr. 30	CI
Far East Hospitality Trust's Net Property Income Up 6% in Q1	Apr. 29	MT
CGS-CIMB Adjusts Far East Hospitality Trust’s Price Target to SG$0.75 From SG$0.77, Keeps at Add	Feb. 15	MT
Far East Hospitality Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 13	CI
PhilipCapital Starts Far East Hospitality Trust at Buy With SG$0.79 Price Target	Jan. 09	MT
Singapore Shares Slip Back into Red; Mapletree Logistics Trust Shares Slip 1% on Fiscal Q2 Earnings Disclosure	23-10-25	MT
Far East Hospitality Trust's Distributable Income Jumps 51% in Q3	23-10-24	MT
Far East Hospitality Trust's DPS Zooms 24.7% in H1	23-07-28	MT
Far East Hospitality Trust Declares Cash Dividend for the Period from 1 January 2023 to 30 June 2023, Payable on 5 September 2023	23-07-27	CI
Far East Hospitality Trust Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-27	CI
CGS-CIMB Research Adjusts Far East Hospitality Trust's Price Target to SG$0.77 From SG$0.79, Keeps at Add	23-07-25	MT
Singapore Stocks End Week in Red; CDL Hospitality Trusts Shares Climb 3% as Net Property Income Rises 35% in Q1	23-04-28	MT
Far East Hospitality REIT's Distributable Income Rises 24% in Q1	23-04-27	MT
Far East Hospitality Trust Receives SG$18 Million in Incentive Fee from Central Square Divestment	23-03-27	MT
DBS Adjusts Far East Hospitality Trust’s Price Target to SG$0.74 From SG$0.70, Keeps at Buy	23-02-15	MT
CGS-CIMB Adjusts Far East Hospitality Trust’s Price Target to SG$0.79 From SG$0.73, Keeps at Add	23-02-15	MT
Far East Hospitality Trust's DPU Rises 13.1% in H2 2022	23-02-13	MT
Far East Hospitality Trust Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-13	CI
Far East Hospitality Trust Announces Distribution for the Half Year Ended December 31, 2022, Payable on 22 March 2023	23-02-13	CI
CGS-CIMB Adjusts Far East Hospitality Trust’s Price Target to SG$0.73 From SG$0.80, Keeps at Add	22-11-09	MT
Singapore Stocks End Higher; Far East Hospitality Shares Jump 3% as Q3 Distributable Income Rises 12%	22-10-27	MT
Far East Hospitality Trust's Distributable Income Rises 12% in Q3	22-10-27	MT
Maybank Securities Adjusts Far East Hospitality Trust's Price Target to SG$0.80 From SG$0.77, Keeps at Buy	22-08-02	MT
UOB Kay Hian Adjusts Far East Hospitality Trust's Price Target to SG$0.83 From SG$0.77, Keeps at Buy	22-08-02	MT

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Company Profile

Far East Hospitality Trust (Trust) is a Singapore-based real estate investment trust. The principal activity of the Trust is to invest in income-producing real estate in Singapore, used primarily for hospitality and/or hospitality related purposes, with the primary objective of achieving an attractive level of return from rental income and for long-term capital growth. The Trust operates through two segments: hotels and serviced residences and retail units, offices, and others. It has approximately 12 properties, comprising nine hotels and three serviced residences. It has 2,775 hotel rooms and 240 serviced residence units in its portfolio. Its hotel properties include Oasia Hotel Downtown, Oasia Hotel Novena, Rendezvous Hotel Singapore, Vibe Hotel Singapore Orchard, Village Hotel Albert Court, Village Hotel Bugis, and Village Hotel Changi. Its serviced residences include Adina Serviced Apartments Singapore Orchard and Village Residence Robertson Quay.

Sector

Specialized REITs

Calendar

2024-07-25 - Q2 2024 Earnings Release (Projected)

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Ratings for Far East Hospitality Trust

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ESG Refinitiv

B-

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Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.62 SGD

Average target price

0.765 SGD

Spread / Average Target

+23.39%

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Sector Hospitality REITs

	1st Jan change	Capi.
FAR EAST HOSPITALITY TRUST	-6.77%	912M
VICI PROPERTIES, INC.	-5.21%	31.69B
GAMING AND LEISURE PROPERTIES, INC.	-5.82%	12.5B
RYMAN HOSPITALITY PROPERTIES, INC.	-3.65%	6.24B
APPLE HOSPITALITY REIT, INC.	-10.96%	3.54B
PARK HOTELS & RESORTS INC.	+6.14%	3.44B
CAPITALAND ASCOTT TRUST	-8.08%	2.58B
JAPAN HOTEL REIT INVESTMENT CORPORATION	+18.79%	2.54B
COVIVIO HOTELS	-6.10%	2.47B
SUNSTONE HOTEL INVESTORS, INC.	-3.08%	2.12B

Hospitality REITs

Far East Hospitality Trust

Equities

Q5T

SG2F08984575

Specialized REITs

Cdl Constellation Pte. Ltd. completed the acquisition of Central Square from Far East Hospitality Trust.

Latest news about Far East Hospitality Trust

Chart Far East Hospitality Trust

Company Profile

Income Statement Evolution

Ratings for Far East Hospitality Trust

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Hospitality REITs