SHREIT’s hotel properties continue to grow in value SHREIT’s hotel properties continue to grow in value
MONDAY, FEBRUARY 11, 2019
An independent appraisal of the total book value of Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust or SHREIT’s hotel properties in Southeast Asia as at the end of 2018 has stated a figure of US$143.2 million, up 9.6 per cent from the investment value at SHREIT’s inception and 3.6 per cent higher than the investment value as at the end of 2017.