share stapled units

Langham Hospitality prices IPO at mid-point for a 6% yield

The hotel-focused trust, which is being spun off from property developer Great Eagle, raises $549 million amid strong demand from yield-hungry institutions.

May 23, 2013

Langham Hospitality aims to raise up to $589 million from base deal

The Great Eagle spin-off is the first business trust-like vehicle to attempt a Hong Kong IPO in 18 months, offering yield-focused investors an alternative outside Singapore.

May 13, 2013

Great Eagle begins marketing for hotel trust spin-off

Langham Hospitality trust is seeking to raise up to $700 million by selling as much as 49% of the trust to yield-focused investors, sources say.

April 29, 2013