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.
See also: CDL extends support to some 400 tenants as Singapore bans dining-in again
CDLHT will announce its first half results on July 30.
As at Dec 31 2020, CDLHT has assets under management worth $2.9 billion.
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CDLHT now owns 18 properties with a total of 4,631 hotel rooms, comprising six hotels and a retail mall in Singapore, two hotels in Australia, one hotel in New Zealand, two hotels in Japan, two hotels in United Kingdom, one hotel in Germany, one hotel in Italy and two resorts in Maldives.
