CDL Hospitality Trusts (CDLHT)

SINGAPORE (July 27): CDL Hospitality Trusts (CDLHT) has declared a distribution per stapled security (DPS) of 2.14 cents for 2Q18, 2.9% higher compared to the DPS of 2.08 cents in 2Q17.

SINGAPORE (June 14): UOB KayHian is maintaining its “buy” on CDL Hospitality Trusts (CDLHT) with $1.95 target given 2018 is shaping up into another record year for visitor arrivals in Singapore amid a slowdown in the supply of new hotel rooms.

SINGAPORE (May 31): DBS Group Research says this could be a good time to scoop up S-REITs of selected office and hotel names given supply pressures in these sub-sectors have eased.

SINGAPORE (May 2): CGS-CIMB, RHB and UOB are maintaining CDL Hospitality Trusts at “add” after its results came in line with expectations.

SINGAPORE (Apr 12): Expect a pick-up in office and hotel S-REITs, while the retail and industrial logistics segments should see a slowdown, says UOB in its REITs' results preview.

SINGAPORE (Jan 26): The managers of CDL Hospitality Trusts have declared a distribution per stapled security (DPS) for 4Q17 2.83 cents.

SINGAPORE (Oct 27): The trustee-managers of CDL Hospitality Trusts (CDLHT) has announced a Distribution per Stapled Security (DPSS) for 3Q17 of 2.29 cents, down 3% compared to 2.36 cents in 3Q16.

SINGAPORE (July 12): RHB Research expects Singapore’s hospitality sector to finally turn around in 2018, on the back of easing hotel supply, continued visitor arrival growth, and a pick-up in corporate activities.

SINGAPORE (June 29): RHB is maintaining its “buy” call on CDL Hospitality Trusts (CDLHT) with a target price of $1.70 given income diversification and stability from its latest German hotel property acquisition.

SINGAPORE (June 27): CDL Hospitality Trusts (CDLHT) announced Tuesday that it has entered into an agreement to acquire a 94.5% stake in the Pullman Hotel Munich in Germany for €98.9 million ($153.8 million).