Income Available For Dist $26,632,000
DPU 2.44 cents
Interest Cover 7.5X
Avg Weighted Cost Of Debt 2.7%
CDL Hospitality Trust currently faces headwind in Australia and NZ due to the soft Aussie economy and currency depreciation vis-à-vis the SG$.Singapore market also show little growth. The only upside is that the two newly acquired Japanese Hotels will help lift DPU from Q4FY2015 onwards.