| Latest Forum Topics / Others |
 Post Reply
|
|
ARA HTrust
|
|
|
laksaman57
Supreme |
09-May-2019 16:29
|
|
x 0
x 0 Alert Admin |
"given that all the 38 assets have been handed down from one party to another as a collective portfolio these assets are highly interrelated given them great synergies. However, as ARA decided to inject all 38 assets into this REIT, there is no clear acquisition pipeline in the future for inorganic growth for this portfolio." |
| Useful To Me Not Useful To Me | |
|
laksaman57
Supreme |
09-May-2019 16:26
|
|
x 0
x 0 Alert Admin |
"Lone Star in turn had purchased these assets directly from Hyatt Hotels Corp. back in November 2014 for US$590.0mil. As part of the deal, Hyatt will enter into franchise agreements with Lone Star, with all hotels maintaining their existing Hyatt Place and Hyatt House branding. |
| Useful To Me Not Useful To Me | |
|
|
|
|
laksaman57
Supreme |
09-May-2019 16:24
|
|
x 0
x 0 Alert Admin |
"38 assets were first acquired by ARA Group back in December 2018 from Lone Star, a Dallas-based private equity group for US$700.0mil. Given that the proposed IPO currently values the assets at US$719.5mil, ARA Group would have clocked a gain made a 2.8% gain in 5 months or 6.7% on an annualised basis." |
| Useful To Me Not Useful To Me | |
|
laksaman57
Supreme |
09-May-2019 16:10
|
|
x 0
x 0 Alert Admin |
https://www.probutterfly.com/blog/analysis-of-ara-us-hospitality-trust-ipo |
| Useful To Me Not Useful To Me | |
|
angmohlin
Veteran |
09-May-2019 15:10
|
|
x 0
x 0 Alert Admin |
Wooh.... open price below water, it seem to me that quite shameful for the so strong brand below water. |
| Useful To Me Not Useful To Me | |