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Results
CDLHT reports FY2023 DPS of 5.70 cents, 1.2% higher y-o-y on higher NPI contribution
The REIT’s 2HFY2023 DPS fell by 11.1% y-o-y to 3.19 cents due to higher interest costs.
January 30, 2024
Broker's Calls
RHB keeps ‘overweight’ call on S-REITs, retail sector impacted by rise in GST and inflationary pressures on tenants
Dominant theme and driver of S-REITs’ performance in 2024 to be US Fed’s rate cuts and messaging surrounding the size and timing.
January 23, 2024
Broker's Calls
UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred
CDLHT, CLAS, KORE, KREIT, LREIT and MINT were named as top picks.
January 04, 2024
Broker's Calls
RHB 'overweight' on S-REITs as peak rates near; foreign names with 'bombed-out valuations' offer most upside
RHB Bank Singapore favours CapitaLand Ascendas REIT, Keppel REIT, AIMS APAC REIT and CDL Hospitality Trusts.
November 20, 2023
Results
CDLHT reports 3QFY2023 revenue of $70.1 mil, 19.7% higher y-o-y
For the 9MFY2023, CDLHT’s total revenue grew by 20.4% y-o-y to $189.3 million.
October 27, 2023
Broker's Calls
UOB Kay Hian sees ‘seasonally stronger’ 2H2023 and ‘continued recovery’ in 2024 for hospitality REITs
Analyst Jonathan Koh has kept his "buy" call for FEHT, CDLHT and CLAS with target prices of 75 cents, $1.48 and $1.35 respectively
September 22, 2023
Broker's Calls
UOB Kay Hian keeps 'buy' on CDL Hospitality Trusts with lower TP of $1.48
Analyst Jonathan Koh says the REIT will benefit from increased contributions from Grand Copthorne Waterfront Hotel in 2HFY2023.
September 14, 2023
Broker's Calls
RHB upgrades CDLHT to ‘buy’ after recent selloff
“We believe the weakness presents a buying opportunity for investors looking to re-enter the Singapore hospitality sector": RHB.
September 06, 2023
Broker's Calls
DBS Group Research keeps ‘buy’ with marginally lowered target price on CDL Hospitality Trusts
DBS Group Research is maintaining its “buy” call on CDL Hospitality Trust (CDLHT)
August 01, 2023
Results
CDLHT reports 23% y-o-y surge in 1HFY2023 DPS of 2.51 cents
Total distribution to stapled security holders for the six-month period rose by 23.8% y-o-y to $31.2 million.
July 28, 2023