Pullman Hotel Munich

SINGAPORE (July 27): CDL Hospitality Trusts (CDLHT) has declared a distribution per stapled security (DPS) of 2.14 cents for 2Q18, 2.9% higher compared to the DPS of 2.08 cents in 2Q17.

SINGAPORE (June 29): RHB is maintaining its “buy” call on CDL Hospitality Trusts (CDLHT) with a target price of $1.70 given income diversification and stability from its latest German hotel property acquisition.

SINGAPORE (June 27): CDL Hospitality Trusts (CDLHT) announced Tuesday that it has entered into an agreement to acquire a 94.5% stake in the Pullman Hotel Munich in Germany for €98.9 million ($153.8 million).