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Frasers Hospitality's earnings rise on better overall performance

Full-year distributable income up 10% y-o-y

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Published Fri, Oct 27, 2017 · 09:50 PM

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    Frasers Hospitality Trust

    Singapore

    THE addition of Novotel Melbourne on Collins and better performance from all country portfolios apart from Singapore and Japan helped lift Frasers Hospitality Trust's (FHT) distributable income in the fourth quarter.

    FHT, a stapled group comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust, on Friday said distributable income rose 8.5 per cent year-on-year to S$23.8 million, boosted by the Australia, United Kingdom, Malaysia and Germany portfolios.

    frasers hospitality trustSingapore property

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