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City Developments Limited (CDL)
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
2 hours ago
Broker's Calls
CDL’s ‘strong sell-through rate’ proof of improving residential demand: analysts
CDL’s shares are down 21.5% year to date. Citi Research’s target price is 83% above its current share price.
2 days ago
Results
CDL sales value nearly doubles y-o-y to $611.1 mil in 3QFY2024
The office leasing market in China, in particular, remains “challenging”, says CDL. As of Sept 30, the group’s office portfolio in China is 68% occupied.
6 days ago
Billion Dollar Club 2024
17 years in, CDL continues to pioneer sustainability reporting developments
City Developments was the first Singapore-listed company to issue sustainability reports back in 2008, but the real estate developer continues to mark many firsts today.
14 days ago
Environmental, Social and Governance
CDL’s chief sustainability officer: ‘To win the global race to zero, we need to green the built environment’
For Esther An and real estate giant CDL, a job interview nearly 30 years ago in 1995 has been transformative.
August 23, 2024
Environmental, Social and Governance
What’s behind CDL’s ‘first-of-its-kind’ $400 mil sustainability-linked loan?
The SLL incorporates specific performance targets related to “biodiversity conservation, waste management and water efficiency”.
July 05, 2024
Bonds and treasuries
A deeper look into CDL’s borrowings
City Developments’ (CDL) largest component for interest-bearing borrowings are term loans.
July 04, 2024
Environmental, Social and Governance
TNFD adopters cross 400; nature-related disclosures body releases guidance for eight sectors
The TNFD also announced an update to its Taskforce members, with Singapore’s CDL replacing the Singapore Exchange (SGX).
June 28, 2024
Broker's Calls
Brokers’ Digest: Centurion, CDL, Civmec, Venture, BRC Asia, ISOTeam, OUE REIT, ThaiBev
See what the analysts say this week.
June 27, 2024
Broker's Calls
CDL remains Citi’s top developer pick as it sees land prices remaining soft despite supply reduction
Citi has kept "buy" on CDL with an unchanged target price of $9.51.
June 26, 2024