You are here

CDLHT Q4 DPS down after rights issue

It reports room for expansion in Europe after divestment of two Brisbane hotels

BT_20180127_MRCDLHT27_3283051.jpg
Vincent Yeo, CEO of CDLHT's managers, says growth figures out of Europe, particularly Germany, are very good.

Singapore

THE payout from CDL Hospitality Trusts (CDLHT) fell again in the fourth quarter owing to a rights issue last August, but earnings from Singapore are starting to stabilise.

There is also "a lot of headroom for further expansion" now that the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes