CDL Hospitality Trusts Financial Results Ending 31 Mar 2017

“We are pleased to report respectable growth in income for 1Q 2017. Our diversification strategy coupled with active asset management has allowed us to navigate the headwinds faced in some of our core markets. In particular, Grand Millennium Auckland’s new lease, which was negotiated last year, allows CDLHT to capture the strong growth in the New Zealand market.”

Mr Vincent Yeo, Chief Executive Officer

2.42 cents SGD (1Q 2017)

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