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Eagle Hospitality Trust says sponsor won't lose its key Queen Mary lease

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EHT says UC has confirmed it is not in default on the lease and that the Queen Mary is 'safe and structurally sound'.

Singapore

EAGLE Hospitality Trust (EHT) said that its sponsor, Urban Commons (UC), is in no danger of losing its lease on the Queen Mary floating hotel which forms part of the trust's assets.

EHT was responding to recent media reports that the city of Long Beach in California,...

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