CDL Hospitality Trusts (CDLHT)

Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS - THE EDGE SINGAPORE

Broker's Calls

Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS

“Despite reopening plays doing well year-to-date, up 10%, we believe the hospitality and office sectors will continue to shine.”

REITs

Travel appetite expected to fuel RevPAR recovery

Analysts believe that it's upwards from here for the hospitality REITs.
Analysts have mixed outlook on CDLHT - THE EDGE SINGAPORE

Broker's Calls

Analysts have mixed outlook on CDLHT

With the economy reopening and an inflation at a record high, analysts are mixed on CDLHT.

Broker's Calls

Maybank upgrades CDLHT to "buy" on better earnings visibility

Maybank's Chua estimates CDLHT has a debt headroom of $575 million to fund acquisitions
DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries - THE EDGE SINGAPORE

Broker's Calls

DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries

The hospitality S-REITs subsector is still currently trading at attractive valuations even with the re-rating in prices: DBS

Broker's Calls

RHB remains 'neutral' on CDLHT with potential slowdown in Maldives and European portfolio

The ongoing Russia-Ukraine war is likely to slow down recovery for CDLHT’s Maldives and European portfolio: RHB.

REITs

CDL Hospitality Trusts makes accretive acquisition of Hotel Brooklyn in UK for $43.8 mil

Hotel Brooklyn is a newly-opened upscale four-style hotel in Manchester, on 57 and 59 Portland Street.

Palm oil

CDL Hospitality Trusts reports 11.0% lower DPS of 3.06 cents for 2HFY2021

This brings total DPS for the FY2021 to 4.27 cents, which fell 13.7% y-o-y.
UOB Kay Hian upgrades CDLHT to 'buy' with higher TP of $1.42 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian upgrades CDLHT to 'buy' with higher TP of $1.42

Analyst Jonathan Koh is positive on the REIT as he sees it benefitting from the reopening, which is slated to resume in 2H2022.
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