CDL Hospitality Trusts plans to broaden its investment strategy to beyond hospitality assets. The trust plans to include other accommodation properties used for rental housing, co-living, student accommodation and senior housing.

“The managers believe that the revision of CDLHT’s principal investment strategy will provide CDLHT with better growth by increasing the diversification of its portfolio, enhancing income stability,” says the trust manager.

The broader strategy will also help bring about more investment opportunities, and thus “in line” with the managers’ key financial objectives to maximise the rate of return to Security Holders and to make regular distributions.

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