Real Estate Investment Trusts

CDL HTrust

CDL HTrust released FY2025 9 Months Earnings on January 29, 2026 (SGT) with actual revenue of SGD 196.32 M and EPS of SGD -0.0135

CDL HTrust released FY2025 Q3 earnings on January 29, 2026 (SGT), actual revenue SGD 71.25 M, actual EPS SGD -0.0096

CDL HTrust released FY2025 Q4 earnings on January 29, 2026 (SGT) with actual revenue of SGD 71.25 M and EPS of SGD -0.0096

CDL HTrust released FY2025 earnings on January 29, 2026 (SGT), actual revenue SGD 267.57 M (forecast SGD 268.21 M), actual EPS SGD -0.0227 (forecast SGD 0.0166)

CDL HTrust released FY2025 Q2 earnings on July 29, 2025 (SGT) with actual revenue of SGD 62.54 M and EPS of SGD -0.0019

CDL HTrust released FY2025 Q1 earnings on July 29, 2025 (SGT) with actual revenue of SGD 62.54 M and EPS of SGD -0.0019

CDL HTrust released FY2025 Semi-Annual Earnings on July 29, 2025 (SGT) with actual revenue of SGD 125.07 M and EPS of SGD -0.0038

CDL HTrust released FY2024 9 Months Earnings on January 26 (SGT), actual revenue 193.8 M SGD, actual EPS 0.0102 SGD

CDL HTrust released FY2024 annual earnings on January 26 (SGT), actual revenue 260.26 M SGD (forecast 271.26 M SGD), actual EPS 0.0113 SGD (forecast 0.0297 SGD)

CDL HTrust released FY2024 Q4 earnings on January 26, 2025 (SGT) with actual revenue of 66.46 M SGD and EPS of 0.0012 SGD

CDL HTrust released FY2024 Q3 earnings on January 26 (SGT), actual revenue 66.46 M SGD, actual EPS 0.0012 SGD

SingtelMBeCW260730

Geely MB ePW261005

Abundance

Autagco

HSI 28000MBePW260629

Teho

Alibaba MB eCW260703

Acesian Partners

NKY 55000MBePW260911

NKY 52000MBePW260612

In a report released today, from CGS International maintained a Buy rating on CDL Hospitality Trusts, with a price target of S$0.90.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CDL Hospitality Trusts with a S$0.90 average price target.

Tip Ranks

CDL Hospitality Trusts (CDHSF) Gets a Buy from CGS International

CDL Hospitality Trusts (CDLHT) reported a 10.4% increase in net property income (NPI) to S$33.1 million for Q1, up from S$30 million a year ago. Revenue rose 5.9% to S$67.1 million, driven by growth in most markets except Japan and the Maldives. Singapore's RevPAR increased 6.6% to S$184, with occupancy up to 80.4%. However, geopolitical tensions, particularly in the Middle East and between Japan and China, are impacting demand. CDLHT's managers noted that while the situation is challenging, the overall impact has not been significant yet.

Businesstimes News

CDL Hospitality Trusts Q1 NPI rises 10.4% to S$33.1 million

CDL Hospitality Trusts stated that the ongoing conflict in the Middle East has negatively impacted its portfolio, although the overall effect is not significant. Some hotel room bookings are facing cancellations, and the growth rate of new bookings has slowed, particularly in the Maldives where the impact is most pronounced. There has also been a slowdown in bookings in parts of Auckland and the UK, but the Tokyo and Munich markets remain relatively stable. The Singapore market shows resilience, and management indicated that the impact is manageable, but if the conflict continues, it may suppress demand. The trust's stock price closed at SGD 0.84

Zaobao

Urban Development Hotel Services Trust: The Middle East Conflict Brings Negative Impact on the Portfolio | Lianhe Zaobao

CDL Hospitality Trusts (CDLHT) reported a negative impact on its portfolio due to the ongoing Middle East conflict, though management stated the effect has not been material. The Maldives has seen the most significant cancellations, while Singapore remains resilient. The managers warned that prolonged conflict could dampen demand through higher energy prices and cautious consumer spending. Additionally, the decline in distribution per stapled security (DPS) was attributed to higher financing costs and a normalization of operating conditions post-pandemic. Units ended flat at S$0.835.

CDL Hospitality Trusts flag negative impact from Middle East conflict

8C8U

Hospitality and lodging S-Reits in Singapore reported strong H2 performance, with four out of five trusts showing higher revenue and distributions. CapitaLand Ascott Trust's revenue rose 4% to S$439.1 million, while Far East Hospitality Trust's gross revenue increased by 9%. CDL Hospitality Trusts also saw a 7.2% rise in revenue. Centurion Accommodation Reit exceeded IPO forecasts with a 3.4% revenue increase. Most trusts emphasized capital management, with lower debt costs and gearing ratios, although Acrophyte Hospitality Trust faced revenue declines due to asset disposals and renovations. Asset enhancement initiatives are planned to drive future growth.

Far East HTrust

CapLand Ascott T

Cent Accom REIT

Most hospitality and lodging S-Reits post higher H2 revenue, payouts

CDL Hospitality Trusts (CDLHT) anticipates a rebound after facing five quarters of declining net property income due to renovations and high interest rates. With recent refurbishments of three hotels completed, CDLHT is poised to benefit from an improving tourism outlook in Singapore. CEO Vincent Yeo expects 2026 to bring a stronger hospitality market driven by a robust events calendar.

CDLHT eyes rebound after renovation drag as Singapore tourism outlook brightens

Issued under $1.5b multicurrency debt programme.CDL Hospitality REIT and CDL Hospitality Business Trust issued $100m of 4% subordinated perpetual securities under their $1.5b multicurrency debt issuance programme, according to a filing.The securities, comprising Series 002, were issued on 20 February 2026 by DBS Trustee Limited in its capacity as trustee of H-REIT, following pricing announced on 10 February 2026.Approval in-principle has been received from the Singapore Exchange Securities Trading Limited for the listing and quotation of the securities.The securities are expected to be listed on the SGX on 23 February 2026.

Singapore Business Review

Frasers HTrust

CDL Hospitality Trusts issues $100m 4% perpetual securities

CDL HTrust(J85.SG)