CDL Hospitality Trusts (CDLHT)

CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay

Property

CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay

SINGAPORE (Nov 21): The iconic Liang Court site along River Valley Road has seen better days. But now, the 35-year-old property could get a facelift in a massive deal involving City Developments (CDL), CapitaLand, Ascott Residence Trust (Ascott REIT) and

Investing ideas

CDL Hospitality Trusts remains top pick despite 3Q DPS dip

SINGAPORE (Nov 4): Analysts from Maybank Kim Eng Research and RHB Group Research are keeping their “buy” recommendations on CDL Hospitality Trusts, despite the REIT stumbling in its recent 3Q19 results.

Yield watch

GDP slowdown and trade war take their toll on local hospitality sector

SINGAPORE (Aug 5): On July 30, CDL Hospitality Trusts, Far East Hospitality Trust, Ascott Residence Trust and ARA US Hospitality Trust released their 2QFY2019 results before the market opened. Performance was varied (see Table 1), with CDLHT’s distribut

Investing ideas

CDLHT set for 2H rebound on asset reconstitution and acquisitions

SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) reported a 3.3% dip in distribution per stapled security for the 2Q19 ended June.

Results

CDLHT posts 3.3% lower 2Q19 DPSS of 2.07 cents on lower sales, retention of distributions

SINGAPORE (July 30): The manager of CDL Hospitality Trusts has declared a distribution per stapled security of 2.07 cents 2Q19 ended June, down 3.3% from 2.14 cents the same period a year ago.

Broker's Calls

Better earnings ahead for CDL HT as it rides local hospitality market recovery

SINGAPORE (Jan 30): Analysts are keeping a positive stance on CDL Hospitality Trusts (CDL HT) following Tuesday results announcement.

Broker's Calls

CDL Hospitality Trusts kept at 'add' on acquisition of Florence hotel

SINGAPORE (Nov 19): CGS-CIMB Securities is maintaining CDL Hospitality Trusts (CDLHT) at “add” given the acquisition of Hotel Cerretani Florence will be DPU-accretive and provide the REIT exposure to the historic city of Florence, which ranks among It

Broker's Calls

CDL Hospitality Trusts' Oct uptick in Singapore RevPAR a pleasant surprise

SINGAPORE (Nov 1): RHB Research and OCBC Investment Research are pleasantly surprised after CDL Hospitality Trusts (CDLHT) reported Singapore RevPAR (Revenue per available room) for the first 29 days of Oct was up 7.2% y-o-y.

Broker's Calls

Flight to safety driving investor interest in SREITs

SINGAPORE (Aug 24): There has been good interest in SREITs over the last couple of months with the sector bouncing 4.6% from the lows in June, says DBS Group Research.
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