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.

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.

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
Credit: Irish Times

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.

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).

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.

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.

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

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.

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.
×