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.

STI outpaces FTSE Developed Index with 5.5% total return

DBS, OCBC, and UOB had the most impact on STI's performance.

CDL units sold fall 41% YoY in Q1 2021

This is due to the cooling measures implemented late last year.

Market Update: STI up 0.91%

City Developments led the charge.

CDL’s app bags Technology Excellence Award for Mobile - Real Estate

Tenants are able to call for lifts from their personal smartphones via the CityNexus app to reduce lobby wait times.

Market Update: STI up at 0.82%

City Developments Limited recorded the highest growth.

Market update: STI down 0.7%

Venture was seen with the most growth.

Market update: STI up 0.14%

CityDev was seen with the most growth.

CDL hits earnings with $129.7m H2 profits

It also achieved an all-time high record of 2,185 units sold for the year.

Market update: STI up 0.16%

Frasers Logistics & Commercial Trust was seen with the most growth.

Market update: STI up 0.61%

Sembcorp Industries had the most growth for the day.

STI to reach 3,500 in 2022: UOB Kay Hian

The bullish forecast is attributed to the strong GDP growth in 2021.

Market update: STI up 0.35%

CapitaLandInvest had the most growth for the day.

City Developments divests Seoul hotel for $1.26b

The proposed divestment will be completed by Q1 2022.

Market update: STI down 0.35%

ThaiBev had the most growth for the day.

Far East Hospitality Trust to divest Central Square for $313.2m

A potential incentive fee of up to $18m may be applied. 

CityDev acquires Central Square for $315m

The move will be part of the redevelopment of the Central Mall properties.