Broker Name: Maybank Research Pte Ltd
Date of Report: February 2, 2026
Excerpt from Maybank Research Pte Ltd report.
Report Summary
- CDL Hospitality Trusts (CDREIT SP) is showing signs of stabilisation, with improved operational performance and a positive outlook for 2026 as asset enhancement initiatives (AEI) complete and new segments like UK living begin to contribute meaningfully.
- The Trust’s FY25 results were impacted by an income gap during renovations, but this is expected to normalize in FY26, leading to a raised target price of SGD1.00 and an upgrade to BUY, supported by stronger Singapore RevPAR and steady capital management.
Above is an excerpt from a report by Maybank Research Pte Ltd. Clients of Maybank Research Pte Ltd can be the first to access the full report from the Maybank Research website : www.maybank.com/investment-banking
