Welcome!
CDL
Property
The Orie at Toa Payoh draws 8,000 visitors to sales gallery
The developer of The Orie is a consortium comprising City Developments Limited (CDL), Frasers Property and Sekisui House
13 days ago
Property
CDL sells 20% of Union Square Residences by end of Nov 9 at an average price of $3,200 psf
Prices of units start from $1.38 million ($2,981 psf) for a 463 sq ft one-bedroom
November 10, 2024
Property
Fed pivot makes it easier for CapitaLand Investment and City Developments to achieve targets
The business models of CLI and CDL have diverged but they still rely on Fed action, credit liquidity
August 29, 2024
Insider moves
BlackRock trims stake in CDL, no longer substantial shareholder
BlackRock now owns just over 44.4 million CDL shares
June 04, 2024
Property
CDL buys Delfi Orchard en bloc for $439 mil
CDL acquires 16% of the strata commercial and residential units in Delfi Orchard it doesn't own in collective sale
May 28, 2024
Results
City Developments announces new launches, lower interest cover in 1QFY2024 update
CDL announces new launches, AEIs for four hotels, higher gearing and lower interest cover.
May 21, 2024
Markets
MSCI announces five deletions for Singapore including CDL
MSCI announces five deletions from Singapore for the MSCI Global Standard Indexes including CDL.
May 15, 2024
Property
CDL completes EUR240 mil acquisition of Hilton Paris Opéra hotel
With the acquisition of the Hilton Paris Opéra, CDL now has three hotels with 670 rooms in the French capital.
May 14, 2024
Property
CDL's $50 million revamp of City Square Mall to add 26,000 sq ft of GFA
The mall will remain open during its upgrading works, scheduled for completion in 1H2025.
April 02, 2024
Broker's Calls
City Developments' share buyback sends positive signals, discourages short-selling, analysts say
Analysts says City Developments' share buyback indicates share price is undervalued, discourages short-selling
March 12, 2024