Financial PerformanceThe Trust is currently trading at an attractive PB of 0.7x and a forward yield of 6.0%.
Market Position And DemandCDLHT continues to be one of the top hospitality S-REITs to benefit and ride on record-high RevPARs in Singapore, with hotels in prime locations, and is well positioned within both the leisure and corporate travel segments in Singapore.
Strategic AcquisitionProposing the acquisition of Hotel Indigo Exeter for GBP 19.4mn, below replacement costs.