ARA US Hospitality Trust

Markets

US ban on Huawei unnerves markets; more REIT listings in the pipeline?

SINGAPORE (May 27): The US’ decision to include Huawei Technologies on its US Entity List has added fuel to the trade tensions between itself and China. 

IPO

ARA US Hospitality Trust public tranche 1.1 times subscribed; starts trading at 2pm

SINGAPORE (May 9): ARA US Hospitality Trust has completed its initial public offering (IPO) of about 379.8 million offer shares at 88 US cents per share.

In print this week

Why Singapore is a magnet for REIT listings

SINGAPORE (May 3): Singapore Exchange is the largest global REIT platform in Asia, with a market capitalisation of US$70 billion ($95.4 billion).

IPO

ARA US Hospitality Trust selling shares at US$0.88 each to raise US$498 mil in IPO

SINGAPORE (May 2): ARA US Hospitality Trust on Thursday registered its prospectus with the Monetary Authority of Singapore in connection for the proposed listing on Singapore Exchange’s MainBoard.

Global Economy

March CPI eases on lower power prices; Best World not having the best of times

SINGAPORE (Apr 29): The Department of Statistics on April 23 released the Consumer Price Index (CPI) for March. Core inflation, which excludes housing and private transport costs, has eased to 1.4% from 1.5% in February. The slightly lower inflation is at

IPO

ARA US Hospitality Trust lodges prelim prospectus

SINGAPORE (Apr 24): ARA US Hospitality Trust, which owns a US$719.5 million ($977.4 million) portfolio of US-based hotels and hospitality assets, has lodged its preliminary prospectus in what could be the largest IPO year to date.
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