Orchard Hotel

CDL Hospitality Trusts 4Q DPS falls 2.1% to 2.77 cents on divestment impact & ongoing AEI
SINGAPORE (Jan 29): The managers of CDL Hospitality Trusts (CDL HT), a stapled group comprising CDL REIT and CDL Hospitality Business Trust, posted a 2.1% decline in 4Q18 distribution per stapled security (DPS) to 2.77 cents from 2.83 cents a year ago. This was mainly due to the absence of contribution from three properties, specifically two Brisbane hotels divested in Jan 2018, as well as ...