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CDL Hospitality Trusts
In print this week
The time to look into hospitality REITs is now
SINGAPORE (Aug 4): Chong Kee Hiong, CEO of OUE Hospitality Trust (OUE-HT)’s manager, senses from his regular interaction with investors that the market is looking for an inflection point in the hotel sector.
August 04, 2017
Results
CDL Hospitality Trusts 1H DPS falls 4.7% to 4.10 cents on rights issue
SINGAPORE (July 28): The managers of CDL Hospitality Trusts (CDLHT) post a 4.7% decline in distribution per stapled security (DPS) of 4.10 cents for the first half ended June, from a restated DPS of 4.30 cents a year ago.
July 28, 2017
In print this week
Is it wise to invest in business trusts?
SINGAPORE (July 14): With NetLink NBN Trust marketing its $2.3 billion IPO — the largest since the US$5.5 billion offering of Hutchison Port Holdings Trust (HPHT) in 2011 — it seems a good time to take stock of the performance of other locally listed
July 14, 2017
Broker's Calls
CDL Hospitality Trusts gets a DPU kick from The Lowry
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of $1.75, translating to 13% capital upside and 6.4% yield.
May 08, 2017
Property
CDL Hospitality Trusts buys The Lowry Hotel in Manchester for $95 mil
SINGAPORE (May 4): The trustee managers of CDL Hospitality Trusts have acquired The Lowry Hotel in Manchester city centre, the UK, for a consideration of £52.9 million ($94.7 million).
May 04, 2017
Broker's Calls
Turnaround in sight for this hospitality trust as supply headwinds abate
SINGAPORE (April 27): RHB is upgrading its call on CDL Hospitality Trusts (CDL HT) from “hold” to “buy”, raising its price target to $1.62 from $1.47 previously on the belief that the hospitality REIT is nearing inflection point.
April 27, 2017
Results
CDL Hospitality Trusts reports 9% rise in 1Q17 DPS of 2.42 cents
SINGAPORE (April 26): The managers of CDL Hospitality Trusts reported 1Q17 distribution per stapled security of 2.42 cents, up 9% from a year ago.
April 26, 2017
Stocks To Watch
CDL HT, CRCT, Sembcorp, OUE HT, Keppel T&T, MCT, Union Steel
SINGAPORE (Jan 26): Here are some stocks that could move the market this Thursday morning.
CDL Hospitality Trusts has announced a DPU of 3.11 cents for the 4Q ended Dec, 3.3% higher than a year ago on the back of higher capital distribution. This bring
January 26, 2017
Results
CDL Hospitality Trusts declares 3.3% higher 4Q DPU of 3.11 cents
SINGAPORE (Jan 26): The trustee-managers of CDL Hospitality Trusts have announced a DPU of 3.11 cents for the 4Q ended Dec, 3.3% higher than a year ago on the back of higher capital distribution.
January 26, 2017
Broker's Calls
Another tough operating year ahead for Singapore’s hospitality sector
SINGAPORE (Jan 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost averaging in 2018.
January 18, 2017