Acrophyte Hospitality Trust completes sale of Hyatt Place Detroit Livonia for 10.0 million US dollars
SGX Filings
Mar 11
Acrophyte Hospitality Trust announced that it has completed the divestment of Hyatt Place Detroit Livonia, Michigan on Mar, 10 2026 (U.S. time). The transaction was executed at a sale consideration of 10.0 million US dollars, subject to customary post-completion adjustments under the purchase and sale agreement.
The stapled group, listed on the Singapore Exchange since May 2019, now holds a portfolio of 31 upscale select-service hotels with 4,061 rooms across 16 U.S. states. The managers of the trust are Acrophyte Hospitality Trust Management Pte. Ltd. and Acrophyte Hospitality Business Trust Management Pte. Ltd.
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