CDLH Trust: BOA-ML lifts target to $2.30 from $2.20, after rolling over valuation, increasing FY10-12 DPU estimates by avg 5.0%. Expects occupancy rates for CDLH's Singapore hotels to remain high till at least next year, given rising tourist-arrivals, lower-than-expected supply of hotel rooms. Expects positive momentum to continue; notes both Singapore casino-resorts have performed better-than-expected, with new tourist attractions coming on stream from 2011, including Int’l Cruise Terminal and Asia's first River Safari, expected to draw even more visitors.
CDLH: at current price of $2.05, Reit gives a historical yield of 5.5%
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