The Queen Mary Longbeach, a property of Eagle Hospitality Trust. (Eagle Hospitality Trust)

Singapore Exchange (SGX)-listed Eagle Hospitality Trust (EHT) has fallen by more than 13% during the trading session on 25 October.

This is despite assurances from the REIT’s manager that its sponsor, Urban Commons (UC), is not at risk of losing Queen Mary – a retired cruise liner that has been turned into a hotel.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.