A conditional purchase and sale agreement (PSA) was entered into between the parties on Dec 17, 2025, where the property would have sold for US$7.75 million, below the independent valuation of US$8.5 million as at July 31, 2025. The managers of the REIT would have been entitled to a divestment fee of US$39,000 if the sale went through.
As at 11.23am, units in Acrophyte Hospitality Trust are trading 0.5 cents higher or 2.08% up at 24.5 cents.
