CDL Hospitality Trust poised for expansion as sponsor’s subsidiary reviews footprint
CDL Hospitality Trust (CDLHT) looks set for an imminent portfolio expansion, given priorities that were recently outlined by a subsidiary…
CDL, ARA hospitality trusts issue grim guidance amid travel curbs
Two Singapore-listed hospitality trusts have issued grim guidance notes, warning investors of significant cuts to revenue and distributions amid COVID-19…
Fitch lowers outlook on CDL Hospitality REIT on COVID-19 curtails
Fitch Ratings has downgraded the outlook on the REIT component of CDL Hospitality Trust from stable to negative.
Singapore REITs better postured for upcoming downturn compared to 2008 crisis
Despite a recent rout, Singapore REITs are still better placed financially to weather the impending downturn compared to the 2008…
Morgan Stanley warns of headwinds facing retail, hotel REITs
The global spread of COVID-19 will stifle the performance of hospitality, and retail-related REITs, warns Morgan Stanley.
Institutional investors buy-ins propel Acendas REIT to 52-week high
The unit price of Ascendas REIT was propelled to record highs during the trading week that began on 3 February.…
Institutional sell-off drives CDL Hospitality Trust to 52-week low
CDL Hospitality Trust (CDLHT) reached its 52-week low on 3 February, in the wake of a major sell-off by institutional…
CDL Hospitality Trust acquires W Hotel for SGD324 million
CDL Hospitality Trust (CDLHT) has announced the acquisition of W Hotel in Sentosa Cove, as part of a transaction to…
Singapore hospitality REITs see mixed fortunes in 3Q amid disparate economic conditions
Several Singapore-listed hospitality REITs and trusts reported a mixed bag of earnings results on 30 October, amid the vastly disparate…
RevPAR improvements bode well for long-marginalised hospitality REITs
After years of tepid growth in distributions, a reprieve may soon be on the cards for Singapore-listed hospitality REITs, especially…