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CDL Hospitality Trusts' Q3 DPS up 3.4% at 2.44 S'pore cents

This was bolstered by its hotels in the United Kingdom and New Zealand
Saturday, October 29, 2016 - 05:50

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Two of its Singapore hotels, including the Grand Copthorne Waterfront Hotel (above), are undergoing asset enhancement works till end-2016.

Singapore

CDL Hospitality Trusts' (CDLHT) distribution per stapled security (DPSS) rose 3.4 per cent to 2.44 Singapore cents for the third quarter to Sept 30, 2016, as net property income was bolstered by its hotels in the United Kingdom and New Zealand.

Gross revenue rose 10.5 per

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