CDL Hospitality Trusts ("CDLHT") is one of Asia's leading hospitality trusts with assets valued at S$2.7 billion. 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).
CDLHT was established with the principal investment strategy of investing in a portfolio of hospitality and/or hospitality-related real estate assets globally.
CDLHT currently owns 18 properties with a total of 5,002 hotel rooms, comprising six hotels and a retail mall in Singapore, three hotels in Australia, one hotel in New Zealand, two hotels in Japan, two hotels in United Kingdom, one hotel in Germany and two resorts in Maldives.
CDLHT is managed by M&C REIT Management Limited and M&C Business Trust Management Limited, subsidiaries of Millennium & Copthorne Hotels Plc, an internationally recognised hospitality group, which owns and operates hotels globally and is listed on the London Stock Exchange.