CDL Hospitaity Trusts

 - THE EDGE SINGAPORE

REITs

CDLHT to acquire Hotel Indigo Exeter for GBP19.4 mil

Upon completion, the acquisition is expected to be accretive on stabilisation.

STI watch

Opportunities abound in Singapore market after STI correction in May: DBS

FEHT, CDLHT, LREIT, DFI Retail and CDL are the stocks to look at for bargains after their corrections.
CDLHT's 1HFY2022 distribution up 67.2% y-o-y to 2.04 cents - THE EDGE SINGAPORE

Results

CDLHT's 1HFY2022 distribution up 67.2% y-o-y to 2.04 cents

CDLHT warns that while demand has returned strongly, the industry, as whole, is facing labour and cost pressures.

Broker's Calls

'Stars are aligned' for hospitality and office REITs, which will 'continue to shine': DBS

“We believe that the hospitality and office sectors will continue to shine on the back of improving fundamentals.”
CDL Hospitality Trusts posts 19% q-o-q decline in NPI for 1Q21 - THE EDGE SINGAPORE

Results

CDL Hospitality Trusts posts 19% q-o-q decline in NPI for 1Q21

The trust reported NPI of $19.8 mil for 1Q21 as travel restrictions continue to impact its business.
Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT

Take a look at these stocks this week: UOL, APTT, Straits Trading, Yangzijiang, ART, CDLHT
Travel bubbles and large domestic markets to revive hospitality sector, ART and CDL Hospitality Trusts top picks: DBS - THE EDGE SINGAPORE

Broker's Calls

Travel bubbles and large domestic markets to revive hospitality sector, ART and CDL Hospitality Trusts top picks: DBS

The brokerage believes valuations remain attractive at 0.82 times P/NAV due to recovery prospects being overlooked.
Worst is over for Singapore hospitality sector but bumpy road to recovery lies ahead, says OCBC - THE EDGE SINGAPORE

Broker's Calls

Worst is over for Singapore hospitality sector but bumpy road to recovery lies ahead, says OCBC

Ascott Residence Trust remains OCBC's top pick for the sector.

Broker's Calls

Hospitality to recover only in 2024, REITs affected: CGS-CIMB

Singapore staycation demand is encouraging, with weekends achieving occupancy up to the permitted capacity.
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