CDL Hospitality Trusts (SG:J85) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CDL Hospitality Trusts has successfully completed the acquisition of Hotel Indigo Exeter and two retail units in the UK for £19.4 million. This acquisition expands CDLHT’s portfolio to 21 properties, including nearly 5,000 hotel rooms and a retail mall. This move signifies CDLHT’s strategic growth in prime locations.
For further insights into SG:J85 stock, check out TipRanks’ Stock Analysis page.