TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
CDL Hospitality Trusts ( (SG:J85) ) has issued an announcement.
CDL Hospitality Trusts has entered into a new lease agreement with Hospitality Services Limited for the Grand Millennium Auckland hotel. The lease, effective from November 24, 2025, spans five years with an option for renewal and includes a rental structure based on the hotel’s net operating profit, offering both downside protection and potential upside for CDLHT. The hotel, which has recently been upgraded and earned a 5-star rating, is strategically positioned to benefit from increased demand with the upcoming opening of nearby infrastructure and convention facilities.
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 (CDLHT) is a stapled group consisting of CDL Hospitality Real Estate Investment Trust (H-REIT) and CDL Hospitality Business Trust (HBT). The group focuses on real estate investments in the hospitality sector, operating primarily through hotel properties. It is part of the Hong Leong Group in Singapore.
YTD Price Performance: 1.23%
Average Trading Volume: 1,420,146
Technical Sentiment Signal: Sell
Current Market Cap: S$1.04B
Find detailed analytics on J85 stock on TipRanks’ Stock Analysis page.