- Business
- CDL Hospitality Trusts (CDLHT), one of Asia's leading hospitality trusts with assets under management of about S$3.5 billion as at 30 September 2025, is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust, both listed on the Mainboard of the Singapore Exchange Securities Trading Limited since 19 July 2006 with H-REIT as the first hotel REIT in Asia ex-Japan; headquartered at 390 Havelock Road #02-05/06 King's Centre, Singapore 169662, and managed by M&C REIT Management Limited and M&C Business Trust Management Limited, subsidiaries of Millennium & Copthorne Hotels Limited. CDLHT's principal investment strategy focuses on a diversified global portfolio of income-producing real estate and development projects primarily used for hospitality, hospitality-related activities, and other accommodation or lodging purposes, including hotels, serviced apartments, resorts, motels, rental housing, co-living, student accommodation, and senior housing; its current portfolio encompasses 22 properties with 4,924 hotel rooms, 404 purpose-built student accommodation beds, 352 build-to-rent apartment units, and a retail mall, spanning key properties such as Orchard Hotel, Copthorne King's Hotel Singapore, Grand Copthorne Waterfront Hotel, Hilton Singapore Orchard, Pan Pacific Serviced Suites, Park Hotel Group Singapore, W Singapore - Sentosa Cove, and Claymore Connect in Singapore; Grand Millennium Auckland and Duxton Hotel Perth in Australia and New Zealand; Angsana Velavaru and The Halcyon Private Isles Maldives, Autograph Collection in the Maldives; Royal Oak Hotel and Cambridge House in the UK; Hotel Indigo Exeter, a Manchester build-to-rent property, and a Liverpool purpose-built student accommodation in the UK; Mitsui Garden Hotel Kamata and Super Hotel Tokyo Asakusa in Japan; and Hotel Astoria Munich and Hotel Brunelleschi in Germany and Italy. In recent developments, CDLHT completed the acquisition of Hotel Indigo Exeter and two retail units in the UK for £19.4 million in 2024, expanding its portfolio to 21 properties at the time; entered the purpose-built student accommodation sector with its first foray into a 404-bed property in Liverpool, UK in October 2024; made its maiden entry into the build-to-rent sector with a 352-unit residential property in Manchester, UK in 2021; announced the rebranding of a Maldives resort as The Halcyon Private Isles Maldives, Autograph Collection in September 2025; renewed a 10-year lease agreement with Banyan Tree Holdings Limited for Angsana Velavaru in the Maldives; and reported total distributions of S$25.1 million for 1H 2025 and S$35.4 million for 2H 2024, reflecting ongoing portfolio growth and operational resilience primarily targeting business and leisure travelers, conference delegates, and accommodation users across Singapore, Australia, New Zealand, Japan, the UK, Germany, Italy, and the Maldives.