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This unloved REIT offers outstanding value, says DBS

Broker's Calls

This unloved REIT offers outstanding value, says DBS

Jude Chan Published on Tue, Nov 01, 2016 / 3:50 PM GMT+8

CDL Hospitality Trusts (CDLHT) Grand Copthorne Waterfront

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SINGAPORE (Nov 1): DBS Group Research says CDL Hospitality Trusts’ Singapore operations continue to be impacted by an oversupply of hotel rooms, but believes the REIT offers “outstanding” long-term value.

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