ARA Hospitality Trust

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ARA US Hospitality Trust posts DPS of 0.747 US cents DPS for 1HFY2024, down 50.2% y-o-y on higher financing costs

Recent hedges were also made in an elevated interest rate environment.

Investing ideas

Watch out for buying opportunities despite virus and oil woes, says KGI

According to KGI analyst Chen Guangzhi, Asian markets could well enter a recession earlier than developed countries as investors shy away from emerging markets.

IPO

Another US hospitality REIT lodges its prelim prospectus

SINGAPORE (Apr 25): Eagle Hospitality Trust (EHT) has lodged its preliminary prospectus for a listing on the Singapore Exchange, seeking to raise gross proceeds of around US$453 million ($619 million).
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