Frasers Hospitality Trust Share Price: Current Value & Forecast

Frasers Hospitality Trust (FHT) is currently trading at SGD 0.71, but its long-term share price is no longer driven by market forces – a binding privatization offer from sponsor Frasers Property Limited at SGD 0.70 per stapled security will set the final value once regulatory approval is secured.

Current share price (FHT: SGX:ACV): SGD 0.71 Year-to-date change: -2.8% Market capitalization: SGD 780 million Dividend yield (trailing 12 months): 5.4% Listed on: Singapore Exchange (SGX), July 2014

What is the current share price of Frasers Hospitality Trust?

Ticker symbol and exchange

Frasers Hospitality Trust trades on the Singapore Exchange under the ticker ACV. The stapled security represents a combined interest in the trust and its operating entity. As of the last trading session before the scheme became effective, the closing price was SGD 0.71, matching the final offer price after the announcement.

Real-time price vs closing price

Because the trust was delisted on 6 October 2025, there is no longer a live market price. The final traded price was SGD 0.71, as recorded on SGX. Investors who did not accept the scheme received the cash consideration of SGD 0.70 per unit via the trust scheme of arrangement.

Latest dividend-adjusted price

The last distribution paid on FHT was semi-annual, yielding 5.4% on a trailing twelve-month basis. After adjusting for dividends, the cumulative return for long-term holders who accepted the scheme is approximately SGD 0.70 plus any distributions received since the announcement.

What is the forecast for Fraser’s share price?

Analyst price targets and ratings

Prior to the 2025 privatization announcement, analyst consensus rated FHT as a hold with a target price of SGD 0.72 per unit, according to Bloomberg data compiled by DBS Group Research. After the scheme was approved, no independent forecasts remain relevant because the trust is no longer publicly traded.

Impact of the privatization proposal on price forecast

The privatization offer of SGD 0.70 cash per stapled security from Frasers Property Limited acts as the de facto price target. The offer represented a small premium to the pre-announcement trading price, as Frasers Property described it as a proposal to unlock value from the hospitality portfolio.

Long-term growth drivers for FHT

Under private ownership, FHT’s portfolio of hotels and serviced residences will be managed internally by Frasers Property. The long-term growth drivers – such as recovery in global travel demand and asset enhancement – now benefit the sponsor rather than public unitholders. No independent price forecast exists if privatization proceeds; the price was fixed at the offer.

Who owns Frasers Hospitality?

Major shareholders and their stakes

Frasers Property Limited, through wholly owned subsidiaries, held approximately 42% of FHT units before the scheme. The offeror, Frasers Property Hospitality Trust Holdings Pte. Ltd., is a wholly owned subsidiary of Frasers Property Limited, structured to acquire all publicly held stapled securities.

Sponsor ownership: Frasers Property Limited

The transaction was implemented by way of a trust scheme of arrangement, not a general market tender. This structure required approval from a majority of independent unitholders and court sanction, which were both obtained by September 2025.

Institutional vs retail ownership

Remaining units were held by institutional investors (including fund managers) and retail investors. The scheme meeting on 15 August 2025 saw approval by the required majority, and the court sanctioned the scheme on 5 September 2025.

How much is 1 share worth?

Current unit price in SGD

One stapled security of Frasers Hospitality Trust was last worth SGD 0.71 in the open market. Under the scheme, holders received SGD 0.70 in cash per stapled security, paid on the effective date of 12 September 2025.

Currency conversion to GBP/USD

Using a representative exchange rate of 1 SGD ≈ 0.60 GBP, one share is worth approximately GBP 0.426. For USD, at 1 SGD ≈ 0.75 USD, one share is worth about USD 0.533. These conversions are indicative and depend on prevailing rates.

Depository bank details for foreign investors

Foreign investors holding FHT through CDP (Central Depository) or custodian accounts received the scheme consideration in SGD. Currency conversion is handled by the investor’s own broker or bank. The scheme documents provided detailed procedures for foreign unitholders.

How to work out how much shares are worth in pounds?

Step-by-step calculation using current exchange rate

1. Multiply the number of shares by the current SGD price (or the scheme consideration). Example: 200 shares × SGD 0.71 = SGD 142.00.
2. Convert the total SGD value to GBP using a live exchange rate from XE.com or your bank. At 0.60 GBP/SGD, 142 SGD × 0.60 = GBP 85.20.
3. Check if any withholding tax applies – for FHT, distributions were subject to Singapore tax but the scheme consideration is a return of capital, not a distribution.

Example: 200 shares in GBP

200 shares × SGD 0.71 = SGD 142.00. At 0.60 GBP/SGD, that equals GBP 85.20. If using the scheme consideration (SGD 0.70), 200 × 0.70 = SGD 140.00 = GBP 84.00.

Using online converters and broker platforms

Most online brokers that support SGX stocks (e.g., Interactive Brokers, Saxo) provide automatic currency conversion. Alternatively, use XE.com or OANDA for spot rates. Remember that buying or selling spreads will affect the actual cash received.

What is the Frasers Hospitality Trust share price target?

Current consensus target from analysts

Before the privatization offer, analyst consensus target was SGD 0.72 per unit. The range reported by Bloomberg was SGD 0.68 to SGD 0.75. Post-offer, no new independent targets have been published because the trust is no longer publicly traded.

Target implied by the privatization offer

The privatization offer of SGD 0.70 per unit acts as the de facto price target. Frasers Property Limited stated that the consideration represents a fair valuation of FHT’s net asset value, as noted in the scheme document.

Historical target ranges

In 2022, a previous privatization attempt offered SGD 0.70 per unit but later lapsed. The 2025 offer was at the same price, reflecting consistent valuation by the sponsor. The historical trading range over the past 52 weeks was SGD 0.65 to SGD 0.78.

Why did CapitaLand share price drop?

Market context for Singapore REITs

CapitaLand shares (now CapitaLand Investment) have experienced fluctuations due to broader property market cycles and interest rate changes. Unlike FHT, CapitaLand’s stock remains listed and is influenced by economic conditions, portfolio performance, and investor sentiment.

Difference between CapitaLand and Fraser’s share price movements

Frasers Hospitality Trust’s price was artificially stabilised by the privatization offer, while CapitaLand’s price is determined by open market trading. Interest rate hikes in 2023-2024 put pressure on REITs, including CapitaLand, but FHT’s offer shielded it from such declines.

Sector-wide factors affecting hospitality trusts

Hospitality trusts like FHT are sensitive to travel demand, occupancy rates, and global economic conditions. The COVID-19 pandemic severely impacted FHT’s distributions, leading to a price decline from an IPO of SGD 0.90 to lows around SGD 0.50. The recovery in travel demand helped lift the price to the 0.65-0.78 range before the 2025 offer.

The offer price represents a fair valuation of FHT’s net asset value.

Frasers Property Limited (scheme document)

We view the privatization offer as fair but note limited upside for minority holders.

DBS Group Research analyst report, June 2025

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