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.
Norwood Grand sells 84% of units during weekend launch
It achieved an average selling price of $2,067 psf.
Norwood Grand sells 84% of units during weekend launch
It achieved an average selling price of $2,067 psf.
City Developments kicks off Norwood Grand preview on October 4
Official sales bookings for the project will begin on 19 October.
New SSA Annex boosts capacity for global climate collaboration
The zero-energy facility focuses on decarbonization.
CDL profit up 32% YoY to $87.8 m in H1 2024
It was driven by divestment gains as part of the group’s ongoing capital recycling strategy.
CDL’s New Zealand subsidiary buys industrial plot for NZ$17m
The parcel forms part of a bigger Industrial Park planned in the area.
CDL secures $400m TNFD targets-aligned sustainability-linked loan from DBS
The SGX-listed builder has now secured over $8b in sustainable loans since 2017.
BlackRock reduces stake in CLD
It now holds just over 44.44 million shares in its stake.
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.
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