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CDL Hospitality Trusts to Buy Moxy Singapore Clarke Quay for Estimated S$ 468.8 Million

PUBT·11/10/2026 15:55:53
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CDL Hospitality Trusts to Buy Moxy Singapore Clarke Quay for Estimated S$ 468.8 Million
  • CDL Hospitality Trusts expects to acquire the 475-room Moxy Singapore Clarke Quay hotel for S$ 468.8 million.
  • The estimated purchase price is 5.7% below the independent valuation of S$ 497 million.
  • Opening is expected by the first quarter of 2027, triggering payment of 90% of the purchase price.
  • Acquisition funding comprises S$ 324.7 million of debt and S$ 145.6 million of equity.
  • Pro forma gearing would rise to 39.5% from 35.6% as of September 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL Hospitality Trusts published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: ZLIKS8I3HON4IZNP) on November 10, 2026, and is solely responsible for the information contained therein.