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 Developments kicks off Norwood Grand preview on October 4
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.
5 SG-based firms are amongst first to commit to nature-related disclosures
Most will begin including nature-related disclosures in their annual report for FY2025.
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