Xintiandi

City Developments’ acquisitions likely to top $2 bil this year with Xintiandi purchase - THE EDGE SINGAPORE

Property

City Developments’ acquisitions likely to top $2 bil this year with Xintiandi purchase

CDL's 51% stake in a Xintiandi site takes total acquisitions ytd to $2 billion as it seeks to meet its divestment goal of $1 billion
Mixed reactions to City Developments' purchase of a choice site in Xintiandi  - THE EDGE SINGAPORE

Property

Mixed reactions to City Developments' purchase of a choice site in Xintiandi

Analysts are positive on CDL's acquisition of Xintiandi site, estimating 21% margin in PBT, but query divestment delay
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