CDL Hospitality Trusts (CDLHT)

CDLHT reckons with debt even as tourists return - THE EDGE SINGAPORE

REITs

CDLHT reckons with debt even as tourists return

CDLHT has 64% of its debt currently fixed. “This is on the lower side compared to peers.”
Analysts mixed on CDLHT, noting ‘superb’ 3QFY2022, but warn of interest rates risks - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on CDLHT, noting ‘superb’ 3QFY2022, but warn of interest rates risks

Analysts are mixed over the stock's outlook in the face of rising interest rates. Find out why.

Results

CDLHT's NPI increases by 54.4% y-o-y to $31.6 mil in 3QFY2022

For the 9MFY2022, NPI increased by 43.7% y-o-y to $82.6 million in tandem with the higher gross revenue.

New appointments

Kwek Eik Sheng appointed as non-independent non-executive director of CDLHT

CDLHT, on Oct 18, also announced several changes to its board.
Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS - THE EDGE SINGAPORE

Broker's Calls

Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS

“Despite reopening plays doing well year-to-date, up 10%, we believe the hospitality and office sectors will continue to shine.”

REITs

Travel appetite expected to fuel RevPAR recovery

Analysts believe that it's upwards from here for the hospitality REITs.
Analysts have mixed outlook on CDLHT - THE EDGE SINGAPORE

Broker's Calls

Analysts have mixed outlook on CDLHT

With the economy reopening and an inflation at a record high, analysts are mixed on CDLHT.

Broker's Calls

Maybank upgrades CDLHT to "buy" on better earnings visibility

Maybank's Chua estimates CDLHT has a debt headroom of $575 million to fund acquisitions
DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries - THE EDGE SINGAPORE

Broker's Calls

DBS remains positive on hospitality S-REITs as RevPAR-led recovery in DPUs to outweigh higher interest cost worries

The hospitality S-REITs subsector is still currently trading at attractive valuations even with the re-rating in prices: DBS
×