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

Eagle Hospitality Trust (EHT) has issued a statement, rejecting recent allegations that have been issued by its sponsor, Urban Commons.

Among the allegations include claims that EHT and its subsidiaries are in breach of contracts in which UC entities are master lessees.

On 21 August, Urban Commons issued a media statement to selected news outlets, presenting a three-point plan to rescue the embattled hospitality trust.

Related: Urban Commons presents three-pronged plan to save Eagle Hospitality Trust


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By Shariffa Al-Habshee

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