City Developments Limited
City Developments Limited (CDL) is a leading global real estate company with a network spanning 104 locations in 29 countries and regions.
See below for the Latest City Developments Limited News, Analysis, Profit Results, Share Price Information, and Commentary.
Independent director Ong Lian Jin Colin gains 0.011% stake in CDL
He acquired 100,000 shares at $5.80 apiece.
STI gains 7% in six weeks, logs highest close since Aug 2023
Net institutional inflow boosted the index.
CDL unit acquires Delfi Orchard for $439m
Savills sold the property via public tender.
CDL sells 492 units in 1Q24, boosting Singapore revenue to $736.8m
The company attributed its improved sales to Lumina Grand.
CDL acquires Hilton Paris Opéra acquisition for $350.2m
Hilton Paris Opéra is CDL's third and largest hotel in Paris.
CLI and CDL lead SGX share buybacks in 1Q24
The buyback consideration recorded in 1Q24 was $232m.
Lumina Grand sells 61 units on second balloting
The project has now sold close to 70% of its units.
CDL posts a $4.9b increased revenue in FY23
Net profit for FY23 stood at $317.3m, lower than FY2022’s $1.3b.
CDL acquires Yardhouse site in Central London for $148.6m
Yardhouse will mark CDL’s first private rented sector project in Central London.
Lumina Grand sells 53% of units on weekend launch
The average launch price was $1,464 psf.
5 SG-based firms are amongst first to commit to nature-related disclosures
Most will begin including nature-related disclosures in their annual report for FY2025.
CDL opens applications for Lumina Grand
Prices of apartments in the executive condominium range from $1.3m-$1.6m.
CDL clinches $338.2m sustainability-linked loan from OCBC
The loan is aligned to a 1.5°C pathway.
Daily Markets Briefing: STI rises 0.71%; Mapletree PanAsia is top stock
Mapletree PanAsia Commercial Trust traded 6.77%.
CDL expands UK living sector portfolio with new acquisition in Manchester
The company acquired a freehold project for $125.7m.
Daily Markets Briefing: STI up 0.24%; City Developments Limited is top stock
City Developments Limited grew 1.56%.
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