Eagle Hospitality Trust (“Eagle HT”) is a hospitality stapled group comprising Eagle Hospitality Real Estate Investment Trust (“Eagle H-REIT”) and Eagle Hospitality Business Trust (“Eagle H-BT”). Based in Singapore, Eagle H-REIT is established with the principal investment strategy of investing on a long-term basis, in a diversified portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, as well as real estate-related assets in connection with the foregoing, with an initial focus on the United States (“U.S.”).
Eagle Hospitality Trust’s Initial Portfolio
Eagle HT’s Initial Portfolio comprises 18 hotel properties located in the U.S., with a total of 5,420 rooms and an aggregate valuation of approximately US$1.27 billion1. 94.7% of the Initial Portfolio (by number of rooms) are located in the top 30 largest metropolitan statistical areas2 (“MSAs”) in the U.S. (out of 383 MSAs in total).
|1||Based on the adopted value of the Properties, which is the independent valuation by HVS (as at 31 December 2018)|
|2||Ranking based on 2017 GDP|