CDL Hospitality Trusts Completes UK Acquisition
Company Announcements

CDL Hospitality Trusts Completes UK Acquisition

CDL Hospitality Trusts (SG:J85) has released an update.

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.

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