Brokers' take

Singapore Hospitality Trusts | Neutral OCBC Investment Research, Sep 5

Q2 results for the hospitality Singapore real estate investment trusts (S-Reits) under our coverage were all within expectation, albeit many on the lower end.

Q2 distribution per unit year-on-year growth came in flat for Ascott Residence Trust (ART), 2.9 per cent for CDL Hospitality Trusts (CDLHT), 4.1 per cent for Far East Hospitality Trust (FEHT) and -3.3 per cent for OUE Hospitality Trust (OUEHT).

Q2 revenue per available room (RevPAR) growth figures w…