You are here

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

BT_20191025_FLEAGLE25_3931111.jpg
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,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes