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ARA Asset Mgt buys Hyatt Hotels portfolio in global blitzARA ASSET Management has bought a sizeable portfolio of Hyatt hotels that represents not just its maiden entry into the US but also what observers say could be Singapore's first pure-play US hotel Reit listing. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Daily Debrief: What Happened TodayARA buys portfolio of 38 select-service Hyatt Hotels in US, MAS unveils S$30m grant to boost financial sector's cybersecurity capabilities at
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Stocks to watch: ARA Asset Management, KLW, Nico SteelTHE following companies saw new developments which may affect trading of their shares on Monday: Read more at The Business Times.
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ARA, Chelsfield acquire Manulife Centre in Singapore for S$555.5mARA Asset Management and British property group Chelsfield have jointly acquired Manulife Centre at 51 Bras Basah Road for around S$555.5 million. Read more at The Business Times.
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Cheong Sim Lam buys Ascott Raffles Place Singapore for S$353.3 millionPRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, has acquired Ascott Reit's Ascott Raffles Place Singapore for S$353.3 million. Read more at The Business Times.
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Ascott Reit sells Raffles Place property for S$134m net gainPRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, snapped up Ascott Reit's serviced apartment building Ascott Raffles Place Singapore for S$353.3 million. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
ARA Asset Mgt buys Hyatt Hotels portfolio in global blitzARA ASSET Management has bought a sizeable portfolio of Hyatt hotels that represents not just its maiden entry into the US but also what observers say could be Singapore's first pure-play US hotel Reit listing. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »