CDL Hospitality Trusts’ AUM stands at about SGD 3.5 billion as of Sept. 30

Bitget2026/10/28 23:47

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL Hospitality Trusts published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GEHKOONGEK6D29XE) on October 28, 2026, and is solely responsible for the information contained therein.

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.

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CDL Hospitality Trusts’ AUM stands at about SGD 3.5 billion as of Sept. 30

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