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HVS Asia Pacific Hospitality Newsletter - Week Ending 19 February 2021

HVS Asia Pacific Hospitality Newsletter - Week Ending 19 February 2021
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Pro-Invest Group ( Pro-Invest ), announced
Greenland, over the acquisition of
Sydney s Primus Hotel. Situated within Sydney s central business district, the
172-key hotel would be the firm s
first property in the luxury sector and would feature a lobby bar, restaurants, conference spaces, rooftop swimming pool and a gymnasium. This acquisition adds to Pro-invest s hotel pipeline, where
five other hotels are scheduled to open in the next two years. This includes the new Holiday Inn Express Hotels in Melbourne, Parramatta and Auckland, and the management of voco Brisbane City Centre and Hotel Indigo Brisbane City Centre. Once completed, Pro-invest s hotel portfolio would consist of over 3,000 rooms across Australia and New Zealand. Existing hotels within the portfolio include Holiday Inn Express hotels at Sydney Airport, Newc ....

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First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1275 Per Share for January

6.29%
6.48%
The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2020 distributions will be made after the end of 2020 and will be provided on Form 1099-DIV.
The Fund is a non-diversified, closed-end management investment company that seeks to provide a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund will seek to achieve its investment objectives by investing in preferred and other income-producing securities. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in a portfolio of preferred and other income-producing securities issued by U.S. and non-U.S. companies, including traditional preferred securities, hybrid preferred securities that have investment and e ....

United States , Jeff Margolin , York Stock Exchange , Inquiries Jane Doyle , First Trust Portfolios , Stonebridge Asset Management , First Trust Advisors , First Trust Intermediate Duration Preferred Income Fund , New York Stock Exchange , Stonebridge Advisors , First Trust Intermediate Duration Preferred , Income Fund , Trust Intermediate Duration Preferred , Managed Assets , First Trust , Risk Factors , London Interbank Offered Rate , Internal Revenue Code , Inquiries Jeff Margolin , ஒன்றுபட்டது மாநிலங்களில் , ஜெஃப் மார்கோலின் , யார்க் ஸ்டாக் பரிமாற்றம் , விசாரணைகள் ஜேன் டாய்ல் , முதல் நம்பிக்கை போர்ட்‌ஃபோலீயோஸ் , ஸ்‌டநெபிட்ஜ் சொத்து மேலாண்மை , முதல் நம்பிக்கை இடைநிலை காலம் ப்ரிஃபர்ட் வருமானம் நிதி ,