CDL Hospitality Trusts Pays Managers’ Fees in New Stapled Securities

CDL Hospitality Trusts ( (SG:J85) ) has provided an announcement.

CDL Hospitality Trusts has issued 2,257,290 new stapled securities to its REIT manager and business trust trustee-manager as partial payment of their base management fees for the period from 1 January 2026 to 31 March 2026. The stapled securities, each consisting of one unit in the REIT and one unit in the business trust, were priced at S$0.8035 based on the volume-weighted average price over the last ten business days of the fee-accrual period.

Following this issuance, the total number of stapled securities in circulation has risen to 1,280,754,572, marginally diluting existing unitholders. Paying 80% of management fees in securities conserves cash for the trust while further aligning the interests of the managers with investors through increased equity-based compensation.

The most recent analyst rating on (SG:J85) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.

More about CDL Hospitality Trusts

CDL Hospitality Trusts is a stapled group listed on the Singapore Exchange comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, which invest in and manage hospitality-related real estate assets. It focuses on generating stable income and long-term growth from a portfolio of hotels and similar properties across key markets.

Average Trading Volume: 1,379,520

Technical Sentiment Signal: Sell

Current Market Cap: S$1.04B

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