CDL Hospitality Trusts announced on Apr, 17 2026 that it has issued 5.49 million new stapled securities to its two managers as partial settlement of their performance fees for the financial year ended Dec, 31 2025.

The issuance comprises 4.95 million stapled securities allotted to M&C REIT Management Limited, the manager of CDL Hospitality Real Estate Investment Trust, and 0.54 million stapled securities allotted to M&C Business Trust Management Limited, the trustee-manager of CDL Hospitality Business Trust. The allotments represent 80% of each manager’s performance fee, which is calculated at 5.0% per annum of the respective group’s net property income.

All securities were issued at S$0.8199 per stapled security, a price based on the volume-weighted average traded on Singapore Exchange over the last 10 business days of the accrual period.

Following the transaction, CDL Hospitality Trusts has 1.28 billion stapled securities in issue.