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.

Great Eagle Holdings looks set to become the first Hong Kong property investor and developer to spin off some of its hotel assets through a separate listing after bankers kicked off a two-week investor education process yesterday.

¬ Haymarket Media Limited. All rights reserved.

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