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Novotel Clarke Quay
Results
CDL Hospitality Trusts reports 57.4% drop in 3Q NPI to $15.2 mil
CDLHT's gross revenue and NPI registered growth in 3QFY2020 compared to the previous quarter.
October 30, 2020
Property
CDL Hospitality Trusts completes divestment of Novotel for $375.9 mil
With the remaining amount of approximately $370.3 million, about $342.2 million will be used to fund the acquisition of W Singapore – Sentosa Cove hotel by paying down the short term borrowings.
July 15, 2020
Property
CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay
SINGAPORE (Nov 21): The iconic Liang Court site along River Valley Road has seen better days. But now, the 35-year-old property could get a facelift in a massive deal involving City Developments (CDL), CapitaLand, Ascott Residence Trust (Ascott REIT) and
November 21, 2019