Acrophyte Hospitality Trust Terminates Disposal of Hyatt Place Memphis Primacy Parkway

MT Newswires

03/16

Acrophyte Hospitality Trust (SGX:XZL) informed a purchaser about its decision to terminate an agreement to dispose of the Hyatt Place Memphis Primacy Parkway, according to a Monday filing with the Singapore Exchange.

The termination was decided prior to the expiry of the purchaser's due diligence period, with an earnest money deposit of $100,000 refunded to the purchaser.

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