Frasers Hospitality, Ascott REITs sees ratings downgrades amid travel lockdowns
Amid the ongoing travel lockdowns across many countries, the ratings or outlooks on Frasers Hospitality Trust and Ascott REIT have…
Outlook on Frasers Hospitality Trust credit ratings downgraded
Amid weaker operating performance, the outlook on Singapore-listed Frasers Hospitality Trust’s (FHT’s) credit ratings has been downgraded by a major…
Singapore hospitality REITs see mixed fortunes in 3Q amid disparate economic conditions
Several Singapore-listed hospitality REITs and trusts reported a mixed bag of earnings results on 30 October, amid the vastly disparate…
RevPAR improvements bode well for long-marginalised hospitality REITs
After years of tepid growth in distributions, a reprieve may soon be on the cards for Singapore-listed hospitality REITs, especially…
Frasers Hospitality Trust confirms talks over sale of Sofitel Sydney Wentworth
Frasers Hospitality Trust (FHT) has confirmed that it is in talks over a possible sale of its property in Australia,…
Dark clouds loom over Singapore Hospitality REITs as RevPAR weakens
A confluent of macroeconomic factors will likely result in tepid performance for Singapore-listed hospitality REITs in the coming quarters. Equity…
Concerns over room supply in Australia damper outlook on Frasers Hospitality Trust
Oversupply concerns in the Australian hospitality spaces market has put a damper over Frasers Hospitality Trust’s (FHT’s) outlook, as it…
DBS sees bright spots in Australia for Frasers industrial and hospitality REITs
There are “bright spots” in the Australian logistics and tourism sectors, and these are expected to bode well for Singapore-listed…
Frasers Hospitality Trust announces JPY4.25 billion AEI for underperforming property
Singapore-listed Frasers Hospitality Trust has announced asset enhancement initiatives (AEIs) of up to JPY4.25 billion (SGD53 million, or USD37 million)…
Frasers Hospitality Trust launches rights issue to acquire property in Melbourne
Frasers Hospitality Trust has launched a rights issue to raise gross proceeds of SGD266.3 million (USD196 million) for the acquisition…