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Another US hospitality trust looks to list on SGX
Eagle Hospitality Trust has 18 hotels across the US in its portfolio, and expects a yield of 8.1-8.2% in 2020
Add BT as a preferred sourcePublished Thu, Apr 25, 2019 · 09:50 PM
Singapore
JUST two days after ARA Group lodged a preliminary prospectus to list about US$720 million of US hotels under the Hyatt brand into a business trust, another issuer, the manager of Eagle Hospitality Trust (EHT) has also lodged a preliminary prospectus to list its portfolio of US hotel assets.
The offering price range is currently between US$0.80 and US$0.81 per stapled security.
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