hospitality

Singaporean Reit sector displays improved momentum as Frasers Hospitality Trust attracts strong demand.

SPH Reit attracts the most demand of the two and prices at the top of the range to raise $393 million, while OUE Hospitality is expected to price at the bottom for a total deal size of $470 million.

M&L Hospitality Trusts offers exposure to hotels in Singapore, Australia and Japan and hits the market on the heels of a strong trading debut for Singapore's first IPO of the year.