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

Subscribers to Eagle Hospitality Trust’s (EHT’s) initial public offering (IPO) in May 2019 now face the prospect of seeing a USD615 million write-down in the entity’s portfolio, given the terms of a stalking horse bid for the assets.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.