Institutional sell-off drives CDL Hospitality Trust to 52-week low

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CDL Hospitality Trust (CDLHT) reached its 52-week low on 3 February, in the wake of a major sell-off by institutional investors.

The hospitality landlord was the top Singapore Exchange (SGX) stock disposed by this group of investors for the trading week that began on 27 Jan.

As such, CDLHT is now yielding about 5.8% based on updated on the Singapore REITs table.

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