Hotel Properties Limited

Property

HPL buys Concorde Hotel & Shopping Mall for $821 mil in largest en bloc deal of 2024

The sale price of $821 million works out to $1,804 psf per plot ratio
HPL back in the black for FY2022 with earnings of $74.5 million - THE EDGE SINGAPORE

Results

HPL back in the black for FY2022 with earnings of $76.4 million

The company plans to pay a final dividend of four cents, plus a special dividend of another cent

Broker's Calls

DBS initiates 'buy' on Hotel Properties with TP of $4.35

DBS analysts Elizabelle Pang and Derek Tan see several positives including the group being a beneficiary of revenge travel.
HPL to book $29 million gain from sale of London hotel - THE EDGE SINGAPORE

Property

HPL to book $29 million gain from sale of London hotel

HPL is one of the three parties in the Cuscaden Peak consortium that has recently won the bid for Singapore Press Holdings.
Delicious de-listings - THE EDGE SINGAPORE

M&A

Delicious de-listings

We drank in sympathy with one of our number. We went home and regained enough sobriety to remember to buy the stock the next day.

M&A

Hotel Properties acquires remaining shares in Palmco Hotels, HRH Merchandise for $34.7 mil

SINGAPORE (Dec 20): Hotel Properties announced that its wholly-owned subsidiary HPL Properties (SEA) is acquiring an additional 50% interest in Palmco Hotels (PHSB) and an additional 10% interest in HRH Merchandise (HRHM) from ISY Holdings for a total co

Hotel Properties to develop luxe hotel in Pacific island of Palau

SINGAPORE (Sept 7): Hotel Properties Limited is planning to develop a luxury hotel on the Pacific island republic of Palau.
HPL logo

Hotel Properties sees flat 1Q earnings of $14.3 mil

SINGAPORE (May 12): Hotel Properties Limited (HPL) reported 1Q earnings of $14.34 million, or 2.32 cents per share, up slightly from $14.3 million a year ago.
×