Overview

CDL Hospitality Trusts ("CDLHT") is one of Asia's leading hospitality trusts with assets under management of about S$2.9 billion as at 30 September 2021. It comprises CDL Hospitality Real Estate Investment Trust ("H-REIT"), a real estate investment trust, and CDL Hospitality Business Trust ("HBT"), a business trust. CDLHT was listed on the Mainboard of the Singapore Exchange Securities Trading Limited on 19 July 2006, with H-REIT being the first hotel real estate investment trust in Asia (ex Japan).

H-REIT's principal investment strategy is to invest in a diversified portfolio of income-producing real estate which is or will be primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes (including, without limitation, hotels, serviced apartments, resorts, motels, other lodging facilities and properties used for rental housing, co-living, student accommodation and senior housing) globally, whether wholly or partially, and real estate-related assets in relation to the foregoing.

HBT's principal investment strategy is to invest in a diversified portfolio of real estate or development projects which is or will be primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes (including, without limitation, hotels, serviced apartments, resorts, motels, other lodging facilities and properties used for rental housing, co-living, student accommodation and senior housing) globally, whether wholly or partially, and real estate-related assets in relation to the foregoing, and shall also include the operation and management of the real estate assets held by CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust.

As at 30 September 2021, CDLHT's portfolio comprises 18 operational properties (including a total of 4,631 rooms and a retail mall) and one build-to-rent project in the pipeline with 352 apartment units.

CDLHT is managed by M&C REIT Management Limited and M&C Business Trust Management Limited, subsidiaries of Millennium & Copthorne Hotels Limited, an internationally recognised hospitality group, which owns and operates hotels globally.

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