ARA US Hospitality Trust (ARAUS)

'Ready to fly' once travel resumes: DBS on ARA US Hospitality Trust - THE EDGE SINGAPORE

Broker's Calls

'Ready to fly' once travel resumes: DBS on ARA US Hospitality Trust

The brand names of the hotels in its portofolio, including Hyatt and Marriott, are a bright spot for the Trust.

REITs

ARA US Hospitality Trust could raise equity to strengthen capital position

Both Sasseur REIT and ARA US Hospitality Trust could experience revaluation losses this year if their total rental revenues continue to fall. However, the negative impact will affect ARA US Hospitality Trust a lot more.

Results

ARA H-Trust beats IPO forecast by 3.8% with DPS of 1.36 US cents

SINGAPORE (July 20): The managers of ARA US Hospitality Trust (ARA H-Trust) have announced distribution of stapled security (DPS) of 1.36 US cents for the reporting period starting from its listing date on May 9 to end June, some 3.8% higher than the IPO

IPO

SGX ranks among top 10 exchanges in IPO proceeds for 2Q: EY

SINGAPORE (June 27): The Singapore Exchange (SGX) ranked 10th among exchanges around the world in terms of initial public offering (IPO) proceeds for 2Q19, thanks to sizeable IPOs by two real estate investment trusts.

Broker's Calls

ARA US Hospitality Trust started at 'buy' by UOB Kay Hian on Hyatt hotels 'sweet spot'

SINGAPORE (June 18): UOB Kay Hian is initiating coverage on ARA US Hospitality Trust (ARAUS) with a “buy” recommendation and a target price of US$1.15, representing an upside of more than 33% from its current price.
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