Holiday Inn Resort Orlando Suites - Waterpark, a property of Eagle Hospitality Trust. (Photo via IHG.com)

Urban Commons (UC) is forming a partnership with Texas real estate company Encore Enterprises Inc to strengthen its position in the debacle involving Eagle Hospitality Trust (EHT).

UC is the sponsor of EHT, which is listed in Singapore but focuses on the US hospitality market.

The trust is currently suspended from trading, amid severe business conditions, and accusations of financial irregularities.


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By Shariffa Al-Habshee

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