Vincent Yeo

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million - THE EDGE SINGAPORE

Property

CDL Hospitality Trusts divests Novotel Brisbane for $66.4 million

The divestment is expected to be completed on Oct 30.

Results

CDL Hospitality Trusts' 2Q DPS 0.9% lower at 2.23 cents on soft trading conditions

SINGAPORE (July 29): CDL Hospitality Trusts (CDL HT) has declared a distribution per stapled security of 2.23 cents for 2Q16, 0.9% lower than the DPS of 2.25 cents in 2Q15.
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