EH-Reit to receive more rent from outperforming properties: EHT

Singapore

EAGLE Hospitality Real Estate Investment Trust (EH-Reit), one part of the stapled group Eagle Hospitality Trust (EHT), will be able to receive more rent from any outperforming properties producing excess cash flow, EHT's managers announced on Tuesday.

Some 80 per cent of the excess cash flow from outperforming properties will also be applied to shortfalls in the rent of any underperforming properties.

The sponsor of EH-Reit, as master lessee…

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