Far East H-Trust: To Acquire Oasia Hotel Downtown For S$210 Million.12 Jan 2018 10:42
314-room upscale hotel in the Tanjong Pagar area to be acquired pursuant to the right of first refusal from the Sponsor. Strengthen portfolio and benefit from expected growth in visitors to Singapore. Yield accretive acquisition to be funded by debt facilities and proceeds from distribution reinvestment plan...
Source: ShareInvestor Express