CDL Hospitality Trusts expects Moxy Singapore acquisition to close by Q1 2027

By Public Technologies15:55 (UTC), 10 November 2026 Updated

CDL Hospitality Trusts expects Moxy Singapore Clarke Quay to open by end-March 2027, with its acquisition completing concurrently.
The 475-room hotel obtained its Temporary Occupation Permit on October 30, 2026; the estimated purchase price is S$ 468.8 million.
Total acquisition costs are estimated at S$ 474.6 million; the purchase price is 5.7% below the S$ 497 million valuation.
Funding will comprise up to S$ 145.6 million in net preferential offering proceeds and approximately S$ 324.7 million in debt.
Pro forma gearing is expected to rise to 39.5% from 35.6% upon completion.

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.