The managers of ARA US Hospitality Trust (ARA H-Trust) has reported net property loss of US$2 million ($2.8 million) for the 1H2020 ended June, compared to the US$29.5 million posted in 1H2019.

The trust has also declared no distributable income and no distribution per stapled security (DPS) for the half-year period compared to distributable income of US$19.7 million and DPS of 3.47 US cents the year before.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook