SUBSCRIBERS

EHT's proposed manager to prioritise possession and resuming operations of all portfolio properties

Uma Devi

Uma Devi

Published Tue, Dec 15, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    IN A bid to revive the beleaguered Eagle Hospitality Trust (EHT), the proposed new manager of EH-Reit says its immediate priorities would be to gain legal and physical possession of all 18 properties in the real estate investment trust's (Reit) portfolio, and bring them back up to operating standards.

    Only three out of the 18 properties in EH-Reit's portfolio are currently operating.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.