master lease

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million - THE EDGE SINGAPORE

Property

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million

CDL Hospitality Trusts (CDLHT) has entered into a sale of agreement for the sale of Novotel Brisbane to ADFA Brisbane for A$67.9 million ($66.4 million).

REITs

Master leases are sometimes a double-edged sword, only good during lease term

One healthcare REIT each feature in the top five REITs with the highest yields and top five REITs with the lowest yields.

REITs

Eagle Hospitality Trust’s manager and trustee outline restructuring and rehabilitation plans

Eagle Hospitality Trust’s manager and trustee announced on Sept 23 that they have taken the first steps in a rehabilitation plan.

REITs

As First REIT's master leases approach 15-year mark, ill winds seen buffeting rental support

SINGAPORE (June 5): On June 1, Lippo Karawaci (LPKR) announced it wanted to restructure its rental support agreements with First REIT.

REITs

Regulators scrutinise sponsor’s failure to comply with EHT’s master lease agreements, and role of trustee and manager

SINGAPORE (April 20): Eagle Hospitality Trust’s portfolio - comprising of 18 assets including the famed Queen Mary - was valued based on its master leases by two valuers.

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