3 Things You Need To Know About Frasers Hospitality Trust




Key Highlights:

  • Frasers Hospitality Trust (SGX: ACV)'s 4Q19 DPU dropped 4.1%

  • The annualised yield and price to book ratio are 6.4% and 0.98 respectively


1. Dividends


Net property income grew +2.3% to $30m. Its portfolio has improved across all countries except Australia. However, 55% of its net property income was eroded by weaker AUD and GBP.


The annualised yield is 6.4%. The REIT has not been performing over the years. Both the price and DPUs of the REIT has been in the downtrend.



Source: reitscompass's REITs Insider ratings



2. Portfolio


Portfolio occupancy remains high at 90%. The portfolio leverage is currently at 35.1%. The interest cost is 2.5%, 68.9% of its loans are on a fixed rate.


It is currently trading at a price to book ratio of 0.98.



3. Growth Catalyst


Frasers Hospitality Trust has a diversified portfolio across six countries.