CDL Hospitality Trusts

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeJ85
Listing Date19-Jul-06
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End31-Dec
SponsorMillennium & Copthorne Hotels Limited
Key Statistics Stats as at: 2026-07-15
Current Price
S$0.78
Market Cap
S$1.02B
Price / NAV
0.55x
Div Yield (TTM)
6.15%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$142.49M (4Q 2025)
Net Property Income$71.1M (4Q 2025)
NPI Margin49.9% (QoQ +6.5%)
Distributable Income$41.08M (4Q 2025)
DPU2.82 cents (4Q 2025)

Portfolio Stats

AUMS$3.35B
No. Properties22
Property Yield4.24% (4Q 2025)
Rental ReversionN/A - hospitality
Capital Structure

Debt Metrics

Interest Cover 2.4x (QoQ +4.3%)
Avg Debt Term 2.6 years
Gearing Ratio 35.3% (QoQ -6.4%)
Cost of Debt 2.8% (QoQ -6.7%)
Fixed Rate Debt 56.0%
Highest Annual Debt Maturity 31.1%

Lease Expiry

WALE (by GRI) 4.45 years (QoQ -5.3%)
RevPAR (S$) 184 (QoQ +4.0%)
Income in SGD/Major Currencies 100.0%
Highest Annual Lease Expiry 61.25%

Sponsor & Manager Shareholding

REIT Sponsor 28.914%
REIT Manager 10.977%
Directors of Manager 0.066%

Management Fees

Base Fee 0.25% p.a. of H-REIT Deposited Property
Performance Fee 5.0% p.a. of H-REIT Net Property Income
(NPI)
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)