Far East Hospital Trust granted $125m sustainability loan

30 Mar 2021 - Singapore Business Review
Part of the funds will be used to reduce the company's energy consumption. Far East Hospitality Trust has borrowed $125m solely from OCBC Bank, as its first sustanability-linked loan with a term of five years. "We recognize our responsibility in conserving the natural environment and have incorporated ...
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Far East Hospitality Trust granted $125m sustainability loan

30 Mar 2021 - Singapore Business Review
Part of the funds will be used to reduce the company's energy consumption. Far East Hospitality Trust has borrowed $125m solely from OCBC Bank, as its first sustanability-linked loan with a term of five years. "We recognize our responsibility in conserving the natural environment and have incorporated ...
sgx:5tj sgx:q5t sgx:o39

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Daily Briefing: New SafeEntry Gateways to be set up at malls, other public places; Huttons names new legal counsel

16 Mar 2021 - Singapore Business Review
And how Dash Living built a co-living community of 13k+ members across Singapore, HK. From ChannelNewsAsia: Checking in to a location via the TraceTogether token or mobile app will soon be a faster process with a new system called SafeEntry Gateway. It allows visitors to check in by placing their TraceTogether ...
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Hospitality REITs on the road to recovery: OCBC

9 Mar 2021 - Singapore Business Review
Ascott Residence Trust is OCBC’s top hospitality pick. Hospitality REITs have borne the brunt of the COVID-19 pandemic but are now on the road to recovery, according to OCBC Investment research. “Singapore started vaccinations in December 2020 and targets to vaccinate the entire population by 3Q 2021. ...
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Far East Orchard profit crashes by 94% in 2020

26 Feb 2021 - Singapore Business Review
The hotel operator took a massive hit behind closed borders. Far East Orchard, the hospitality arm of property developer Far East Organization, recorded a loss of $8.9 m for the full year of 2020. This is 94% lower than the $25.8m profit recorded 2019. Singapore closed its borders to tourists and short-term ...
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Far East Hospitality Trust DPU fell 36.7% YoY in 2020

17 Feb 2021 - Singapore Business Review
OCBC Investment Research gave the trust a 'buy' recommendation. Far East Hospitality Trust (FEHT) has recorded a distribution per unit (DPU) of 2.41 Singapore cents in 2020, 36.7% down YoY from the previous year’s 3.81 Singapore cents, the company has announced. Total distributable income during the ...
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Check out the five ‘laggard' S-REITs slated to outperform in 2021

13 Jan 2021 - Singapore Business Review
The quality of their portfolios is comparable to blue-chip S-REITs. Often overlooked by investors in favor of blue-chip S-REITs, "laggard" S-REITs are expected to play catch-up to their blue-chip peers in 2021 as these trade at higher distribution yields and larger discounts to net asset value (NAV). ...
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Stocks to watch: Keppel, Far East Orchard, Jumbo, Biolidics, SPH

27 Nov 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Keppel Corp: A subsidiary of Keppel Offshore & Marine has won a S$100 million contract from a repeat customer for fabrication and integration work on a floating production storage and offloading vessel, ...
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Stocks to watch: Far East Orchard, Straits Trading, Koufu, DBS, Singtel

20 Nov 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Far East Orchard, The Straits Trading Company: Far East Hospitality, a 70-30 joint venture between Far East Orchard and Straits Trading, is pushing ahead with expansion plans, having inked three management ...
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Far East Hospitality reveals expansion plans with three new properties

17 Nov 2020 - Singapore Business Review
They will manage the hotels’ operations under an HMA. Far East Hospitality has announced new expansion plans with three properties, namely Oasia Resort Sentosa, Far East Village Hotel Yokohama, and Quincy Hotel Melbourne. Oasia Resort Sentosa, slated for opening in Q2 of 2021, will be the fourth property ...
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