Eagle Hospitality Trust

REITs

Eagle Hospitality Trust is a lost cause, unitholders’ hopes hinge on full investigation

SINGAPORE (May 22): This afternoon, we received an open letter from a unitholder of Eagle Hospitality Trust. The unitholder is clearly concerned that interest payments on the REIT’s loans - US$506.6 million as at Dec 31, 2019- may have been suspended, a

REITs

NAV may be better benchmark as REITs cut DPU 

For the next few months, investors may start monitoring price to net asset value for REITs rather than their yields.

REITs

What did Urban Commons do with proceeds from Eagle's IPO?

The suspended Eagle Hospitality Trust is a stapled security comprising of EH-REIT which is the active part of the stapled security, and a dormant business trust. In May last year, EHT raised some US$565 million in an IPO. The portfol

REITs

EHT's default not just caused by Covid-19 and hurricanes but by a valuation deficit

On its first day of trading on May 24, 2019, Bank of America, which was one of the under­writing banks, sold more than four million units of EHT at 71 cents.

REITs

Covid-19 fallout hits hospitality trusts, retail

While Eagle Hospitality Trust is the worst performer year-to-date, it is interesting that in the US, it is increasingly apparent that the supply of select-service hotels is rising while demand has not kept pace with supply.

REITs

US hospitality trusts face headwinds as fundamentals deteriorate

SINGAPORE (Feb 24): As far as bottom line DPS are concerned, both Eagle Hospitality Trust (EHT) and ARA US Hospitality Trust fell short of their forecasts in their respective prospectus in April and May last year as parts of the US economy softened for sp

Issues that matter

A model that works

Singapore REITs have benefited from the external manager model, with its checks and balances, sponsor support and accretive acquisitions

IPO

Singapore property trust IPOs surge to 6-year high

SINGAPORE (Sept 18): Singapore real estate investment trusts are on a money-raising spree.

Global Markets

Trade war tensions continue to rise, earnings season brings mixed results

SINGAPORE (May 20): Tensions between Washington and Beijing continue to rise as US President Donald Trump shows no inclination to de-escalate the country’s trade war with China. Trump believes his clash with Chinese President Xi Jinping is boosting his
×