CDL Hospitality Trusts’ AUM stands at about SGD 3.5 billion as of Sept. 30
Bitget2026/10/28 23:47- CDL Hospitality Trusts disclosed assets under management of about SGD 3.5 billion across 22 properties as of September 30, 2026.
- Third-quarter net property income rose 7.1% year-on-year to SGD 36.75 million; nine-month income increased 3.8% to SGD 96.4 million.
- Gearing stood at 35.6%, with total borrowings of SGD 1.18 billion as of September 30.
- The 475-room Moxy Singapore Clarke Quay forward purchase costs the lower of SGD 475 million or 110% of development costs.
- The hotel's temporary occupation permit is expected by late 2026, with opening scheduled for the first half of 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Crypto prices
More
