19 Jul '12, 10pm

Ascendas Hospitality Trust IPO

Ascendas Hospitality Trust IPO

Ascendas Hospitality Trust (AH Trust) is finally going to list, following a withdrawal initially due to poor market sentiments in May this year. Similarly, M&L Hospitality Trust (M&L Trust) scrapped its plans to list as well. The deal was finally done and delayed due to Pullman Ambassador Changwon hotel in South Korea. Apparently, injunctions has been made against the South Korean hotel affecting the ability to complete the acquisition in time and Ascendas decided to proceed without it. This leaves Ascendas Hospitality with 10 hotels across China, Japan and Australia worth about $1.06 bil in total.

Full article: http://thefinance.sg/2012/07/20/ascendas-hospitality-trus...

Tweets

Today’s #green hotels meet performance goals wi...

eco-structure.com 19 Jul '12, 3pm

Guests are the lifeblood of the hotel industry, but they also present one of the biggest sustainability challenges. They e...

Frasers Centrepoint Trust Q3 2012 Results–Looks...

thefinance.sg 20 Jul '12, 12am

Frasers Centrepoint Trust Q3 2012 Results–Looks well managed! by Drizzt on July 20, 2012 Frasers Centrepoint Trust (FCT) a...

Frasers Centrepoint Trust Q3 2012 Results–Looks well managed!

Frasers Centrepoint Trust Q3 2012 Results&ndash...

investmentmoats.com 19 Jul '12, 11pm

For starters, FCT has a great asset enhancement and rental management such that they do not ask for a lot of cash call (ri...

Sofitel Washington DC | French Hospitality in the Nation's Capital:

Sofitel Washington DC | French Hospitality in t...

justluxe.com 19 Jul '12, 4pm

During my visit I was able to see the Sofitel's theme of celebrating "art de vivre" (art of living) come to life as they w...

There is no trust in China and that's a problem...

eetimes.com 23 Jul '12, 7am

This is my third blog from a mind-altering business trip I took to China this June; it follows on from my experiences in S...