frasers hospitality trust
Owning luxury hotels is tough but can be richly rewarding for patient capital
Jardine Matheson and Frasers Property could gain from hotel ownership over the long term
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30
Second attempt to privatise FHT succeeds with 99.2% of units represented in favour
The offer price, which values the trust at S$1.37 billion, implies a premium of 11% over its NAV
RevPAR is mixed across Frasers Hospitality Trust’s markets in Q3
RevPAR in Singapore falls by the most, 5.6%, among FHT’s five key markets, while that in Japan jumps 17.6%
Frasers Hospitality Trust’s proposed privatisation by sponsor gets SGX in-principle approval
SGX-ST has ‘no objection’ to FHT’s application to delist from the official list of the bourse
Frasers Hospitality’s Tokyo debut part of growth strategy to expand to business gateway cities
Frasers Hospitality, which has built its brand on longer-stay assets, also works at curating experiences for such guests
Japan still a draw as Singapore property players look beyond Tokyo
Capital inflows are from investors that entered the market in recent years, rather than newcomers
BT Mark to Market: From public to private - Reit delistings in Singapore
Paragon Reit has gone private, and FHT might soon follow. Senior correspondent Ben Paul explains why this is happening, and what it means for the S-Reit sector.
Frasers Property’s bid to privatise Frasers Hospitality Trust does nothing for the property group’s minorities
Undervalued Frasers Property needs an effective plan on how to hold hospitality assets
Will more S-Reits soon exit the local market?
FHT is going private to unlock value for investors; Paragon Reit is doing it to facilitate a major AEI at its flagship property