DBS Trustee, the trustee of Eagle Hospitality REIT (EH-REIT) has announced that it has entered into a purchase and sale agreement and joint escrow instructions to sell the Crowne Plaza Dallas Near Galleria-Addison to Lockwood Development Partners for a consideration of US$15.5 million ($21.1 million).

See: REIT Trustee says recovery of monies unlikely for Eagle Hospitality Trust’s minority investors

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