Eagle Hospitality Trust prices IPO at US$0.78 per stapled security

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Eagle Hospitality Trust prices IPO at US$0.78 per stapled security.

THE manager of Eagle Hospitality Trust , a property trust backed by Los Angeles-based property investor and developer Urban Commons, has lodged a prospectus for EHT's listing on the mainboard of the Singapore Exchange.

EHT is a stapled group comprising Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust . It has an initial portfolio of 18 full-service hotel properties, with a total of 5,420 rooms and an aggregate valuation of about US$1.27 billion.

 

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