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OUE H-Trust acquires Crowne Plaza Changi and extension for S$495m

Singapore

OUE Hospitality Trust (OUE H-Trust) has agreed to acquire the hotel Crowne Plaza Changi Airport (CPCA) and its adjacent extension for a total of S$495 million from its sponsor OUE Ltd. The conditional agreement was entered into by OUE H-Trust and OUE Airport Hotel Pte Ltd (OUEAH

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