Ascendas Hospitality may attract more than one offeror

Reit managers said to have begun inviting other interested bidders after receiving unsolicited expression of interest

Published Tue, Jan 5, 2016 · 09:50 PM

    Singapore

    THERE is likely going to be more than one bid for Ascendas Hospitality Trust (A-HTRUST).

    The Business Times understands from people close to the deal that managers of the real estate investment trust (Reit) have begun inviting other interested bidders to put in their offers for the Reit.