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.
City Development Limited resumes trading after board dispute halt
City Development Limited resumes trading after board dispute halt
Group CEO Sherman Kwek continues to lead the company.
CDL Chairman Kwek Leng Beng moves to oust son over 'attempted coup'
He also pointed to financial missteps under his son's leadership.
CDL’s PATMI sinks 36.5% YoY in FY2024
Revenue for the period dropped 32.6% YoY.
City Developments Limited requests a trading halt
It was requested on 26 February, 8:02 am.
CDLHH NZ launches offer to buy remaining shares in Millennium & Copthorne Hotels
The offer is for $2.25 per share, payable in cash.
CDL achieves over $600m from divestments in 2024
The divestments aim to enhance portfolio efficiency and returns.
The Orie to launch sales bookings on 18 January
Prices for the units start at $1.28m.
CDL posts mixed Q3 results with strong residential and office gains
Its total residential sales in Q3 soared 88% to $611.1m.
Union Square Residences by CDL sees 75 units sold on launch day
Sold units include the $9.3b Sky Suite.
CDL wins $1.66b Shanghai plot for mixed-use development
The tender prize translates to $21,827 per square metres per plot ratio.
CDL to launch Union Square Residences
Sales bookings are scheduled to begin on 16 November.
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.
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Commentary
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