CDL Hospitality Trusts (J85.SI)
CDL Hospitality Trusts operates in the REIT - Hotel & Motel industry of the Real Estate sector, headquartered in Singapore, CE, SG. The stock last traded at $0.73, up 0.00% on the session, giving a market capitalisation of $934.9M. Its beta of 1.02 implies it has historically moved more than the broad market.
CDL Hospitality Trusts (CDLHT) is recognized as one of Asia's leading hospitality-focused investment entities, overseeing an asset portfolio valued at roughly S$2.9 billion as of December 31, 2020. This distinctive stapled group comprises two core components: the CDL Hospitality Real Estate Investment Trust (H-REIT), which functions as a real estate investment trust, and the CDL Hospitality Business Trust (HBT), structured as a business trust. CDLHT initiated trading on the Singapore Exchange Securities Trading Limited on July 19, 2006. M&C REIT Management Limited is responsible for managing H-REIT, notable for being Singapore's inaugural hotel real estate investment trust, while M&C Business Trust Management Limited serves as the trustee-manager for HBT.
CDL Hospitality Trusts is most often compared with the following Real Estate names: