Service Properties Trust T.SVC

Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

NDAQ:SVC - Post by User

Service Properties Trust

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Post by exdpion Jul 03, 2015 12:29pm

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Post# 23889823

Procera News: New CEO, Softbank Deal

Procera announced a new CEO and a deal with Softbak, Japan. The deal was done through their local channel, Itochu, which was Procera biggest customer in Q1, so we have some estimation of the deal size.

See more details hereand here.

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Paramount Resources signs $3.32 billion asset sale