ART is acquiring DoubleTree by Hilton for US$106 million ($146.5 million).
SINGAPORE (June 5): UOB Kay Hian is maintaining its “hold” on Ascott Residence Trust (ART) after the REIT announced its third New York hotel acquisition.
(See also: Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for $148 mil)
