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Far East Hospitality Trust ( (SG:Q5T) ) has issued an update.
Far East Hospitality Trust has announced an expansion of its investment strategies for both its Real Estate Investment Trust and Business Trust. The expanded strategies include investing in a diversified portfolio of income-producing real estate, used for hospitality and related purposes, both in Singapore and globally. This strategic move aims to enhance the Trust’s market position by diversifying its investment portfolio and increasing its global footprint, while maintaining a strong focus on its domestic market.
More about Far East Hospitality Trust
Far East Hospitality Trust is a hospitality stapled group based in Singapore, comprising Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust. The group focuses on investing in income-producing real estate primarily used for hospitality and related purposes, with a primary market focus in Singapore and expansion into global markets.
YTD Price Performance: -3.39%
Average Trading Volume: 1,251,526
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$1.2B
See more data about Q5T stock on TipRanks’ Stock Analysis page.