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Acrophyte to Acquire ARA US Hospitality Managers
ARA Asset Management agreed to sell ARA US Hospitality Property Trust's (SGX:XZL) manager, ARA Trust Management, and ARA US Hospitality Management Trust to Acrophyte Asset Management, according to a T
Property Tycoon Gordon Tang and Family to Fully Acquire ARA H-Trust's Managers, Buy 19% Stake in Stapled Group
ARA Asset Management, owner of ARA US Hospitality Trust : XZL 0%’s (ARA H-Trust) sponsor, has agreed to sell the trust’s managers to Acrophyte Asset Management, an entity wholly owned by property tycoon Gordon Tang and his wife Celine, the trust’s managers announced on Monday (May 27).
ARA H-Trust to Sell 2 Hyatt House hotels for US$31 Million
ARA US Hospitality Trust (ARA H-Trust) has proposed to sell two Hyatt House hotels to a New Jersey-based hotel management company, GHM Properties, for a total consideration of US$31 million, slightly below the total valuation.
ARA US Hospitality Property Trust Unit Agrees to Sell Two Hyatt House Hotels for $31 Million
ARA US Hospitality Property Trust's (SGX:XZL) subsidiary, ARA USH Chicago, agreed to sell the Hyatt House Shelton and Hyatt House Philadelphia Plymouth Meeting to GHM Properties for $31 million, a Thu
ARA US Hospitality Property Trust Completes Sales of Hyatt Place Pittsburgh Airport
ARA US Hospitality Property Trust (SGX:XZL), completed the sale of Hyatt Place Pittsburgh Airport at a consideration of $7.7 million, according to a filing with the Singapore Exchange on Tuesday. The
REIT Watch - S-REITs Gain on Fed Chair Powell Reaffirming Three Rate Cuts to Come This Year
10 Top performing S-REITs and Trusts for Mar 18-22 Trusts Code Market cap (S$M) TR% WTD SGD* TR% YTD SGD* P/B(x) Sub-segment MANULIFE US REAL ESTATE INV BTOU 160.4 10.8 -15.7 0.2 Office KEPPEL PACI
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