Tuesday, September 10, 2013

Amara mulls launch of hospitality Reit

Amara mulls launch of hospitality Reit

AMARA Holdings Ltd, a Singapore-based hotel operator, may sell
hospitality assets as a real estate investment trust (Reit).
A "Reit has always been one of the options that one can consider to
go asset-light," the company said in an e-mailed response to questions
from Bloomberg News. "There are no concrete plans at the moment
and we are continuously evaluating all options including the feasibility
of launching a hospitality Reit."

Amara, led by chief executive officer Albert Teo, is considering putting
its 27-year-old Amara Singapore Hotel, along with the adjacent 100 AM
shopping mall and Amara Sanctuary Resort Sentosa into a Reit and
selling the assets in an initial public offering (IPO), according to a person
with knowledge of the matter.
The IPO could take place next year, the person said, asking not to be
identified as the deliberations are private. Amara declined to comment
on any IPO plans.

Source: Business Times


  1. many stock brokerage companies provide
    Equity Tips and other stock recommendation market.

  2. Great market update regarding Singapore capital markets' IPO. A trader should try comex free trial and forex free trial to check the accuracy of the signals of service provider.

  3. Well.... round about every blog posts online don't have much originality as I found on yours.. Just keep updating much useful information about SGX Singapore so that reader like me would come back over and over again.

  4. Impressive news about Singapore capital market IPO. i was looking for KLSE Stocks Signals
    for knowledgeable purpose. Nice blog

  5. It is quite interesting to read about Singapore IPO News and i want to know more about Forex Trading SIgnals too.

  6. The blog always provides instant and live market watch related to SGX market.

  7. Interesting content regards Singapore market, quite interesting points i found here and keep sharing more Mcx gold tips too with us for knowledge purpose.

  8. Do you need Personal Loan?
    Business Cash Loan?
    Unsecured Loan
    Fast and Simple Loan?
    Quick Application Process?
    Approvals within 24-72 Hours?
    No Hidden Fees Loan?
    Funding in less than 1 Week?
    Get unsecured working capital?
    Email us:(greenlightcapitalcorporation@gmail.com)

    Application Form:
    Full Name:................
    Loan Amount Needed:.
    Purpose of loan:.......
    Loan Duration:..
    Marital status:....
    Home Address:..
    Mobile / Cell:....
    Monthly Income:....

    Email us(greenlightcapitalcorporation@gmail.com)