Welcome!
CDL
Property
London prices are falling, but activity could rise
In London, as yields decompress further, the mismatch between buyers and sellers will close, CBRE says
February 29, 2024
Property
Developers brave a global stress test
After years of overseas adventures, a few Singapore property players are forced to write down the value of their foreign assets
February 29, 2024
Environmental, Social and Governance
CDL first to obtain OCBC's 1.5°C loan with three-year GBP200 mil sustainability-linked facility
Launched in March, the 1.5°C loan provided by OCBC incentivises corporates to set and work towards emissions reduction targets.
December 04, 2023
Property
Briefs: CDL impacted by higher interest costs; WeWork's impact on REITs
CDL's earnings hurt by higher interest costs, concerns over WeWork's presence in the CBD
August 10, 2023
Property
CDL acquires Nine Tree Premier Hotel Myeongdong II
CDL re-enters Seoul with premier hotel acquisition after divesting Millennium Seoul Hilton in 2022
July 04, 2023
Broker's Calls
Robust Singapore and Japan portfolios to drive CDL Hospitality Trusts' NPI FY2023 growth
Based on the analysts' forecasts, CDLHT’s revenue is likely to grow by 21.1% y-o-y in FY2023.
June 14, 2023
Broker's Calls
RHB keeps 'buy' on CDL following recent acquisition moves
CDL's core earnings are expected to rebound this year from healthy residential sales and the hospitality sector recovery.
March 31, 2023
Broker's Calls
Analysts stay positive on CDL, citing earnings recovery, UK spin-off and 'distressed' valuations
"We continue to see value in CDL"
February 27, 2023
Results
CDL marks 60th anniversary in style with record earnings and total FY2022 dividends of 28 cents
The record earnings were boosted by a series of divestment gains
February 23, 2023
Broker's Calls
More solid earnings recovery expected for the rest of the year, analysts maintain positive on CDL
CDL's hospitality segment should continue to trade well for the rest of 2022 with the rebound in global travel.
May 26, 2022