8/31/2023 0 Comments Didi keep ximalaya linkdoc us![]() These hotels enjoy some of the industry’s top loyalty programs. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. ![]() There are other hotels that we consider to be ideal candidates for sale and as asset managers, we will continue working towards higher efficiency,” stated Oscar Calvillo, Chief Executive Officer.įibra Inn is a Mexican trust formed primarily to acquire, develop and rent a broad range of hotel properties in Mexico. With this transaction, Fibra Inn reiterates its commitment to this strategy, by selling assets and using those resources to invest in other projects that are more profitable for the Company and therefore generate additional shareholder value. “ The capital recycling strategy began a few months ago. This will enact the early termination contract for the hotel operator, as well as early termination for the leasing of the non-lodging spaces at no cost for the Company. The buyer intends to keep the current hotel brand, subject to the approval of the international hotel chain. The Company continues to market the sale of some of its other properties in an orderly and efficient manner, Therefore, we expect to announce additional hotel sales transactions in the future. This property was originally acquired as part of a hotel portfolio that has performed successfully and has altogether reached a cap rate for the trailing twelve months exceeding 9.5%.įibra Inn will invest the transaction proceeds in other projects that offer more attractive profitability, including the purchase and cancellation of certificates. 85.0 million, and the property has a significantly lower cap rate than the Company’s implied cap rate. As such, it has signed a binding agreement for the sale of the Microtel Inn & Suites by Wyndham Culiacan hotel. #SOURCES CHINABASED KEEP LINKDOC US IPOTIMES FULL#.MONTERREY, Mexico, J(GLOBE NEWSWIRE) - Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) (ADR/OTC:DFBRY) (“Fibra Inn” or “the Company”), an internally managed Mexican real estate investment trust specializing in the hotel industry serving the traveler with global brands, announced that it has begun the process for the sale of non-strategic assets, as part of its capital recycling program. Including the $4.4 billion raised by Didi, a total of 36 Chinese companies have sold shares in New York this year, raising a total of $12.6 billion, according to Dealogic. According to anonymously-sourced whispers, LinkDoc, a provider of cancer-focused health care services using big data and artificial intelligence, had planned to sell 10.8MM shares priced between $17.50 and $19.50 each. On Wednesday, LinkDoc updated its prospectus to cite new risks from Beijing, in what was perhaps a hint that the deal would soon be pulled. The company had been expected to price the deal today, which means it would have likely started trading some time next week. However, Nikkei reported that "market volatility, regulatory uncertainty and fear of angering Chinese regulators have prompted the company to cancel the offering, one of the people said. LinkDoc had planned to raise up to $210MM on the Nasdaq, but it closed its book on Wednesday despite reportedly strong demand. They include Alibaba-backed LinkDoc and SoftBank- and Tencent-backed fitness app Keep.
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