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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.
May 27, 2019
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.
May 09, 2019
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).
May 03, 2019
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.
May 02, 2019
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
April 29, 2019
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.
April 24, 2019