City Developments Ltd (CDL)
CDL may catch up with its soaring peers
The developer has been actively unlocking value, but is trading at a much steeper discount to RNAV than UOL
CDL to launch freehold Newport Residences with prices upward of S$3,012 psf
One-bedroom units at the 246-unit CBD project are priced from just under S$1.3 million for the long-delayed project
Unwrapping 2025: Top 10 Singapore news events
[SINGAPORE] ‘Tis the season to look back. As the curtain falls on 2025, The Business Times takes stock of a year punctuated by some significant shifts in Singapore’s political and corporate landscape....
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets
For SMEs, tracking carbon emissions is not about theory but growing the business
Property player CDL works with its SME suppliers to develop a decarbonisation road map
CDL unit buys Holiday Inn London for £280 million
The hotel has high occupancy rates of more than 97% for the nine months ended September
CDL sells Osaka hotel to Blackstone-managed real estate funds for 14 billion yen
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
CDL divests US$143.5 million residential asset in Silicon Valley area
The transaction will enable the company to reduce gearing and redeploy the capital to maximise shareholder returns: CEO Sherman Kwek
RHB upgrades CDL to ‘buy’, raises its target price on residential strength, asset divestments
The target price is increased to S$8.50 from S$4.90
CDL’s Singapore property sales halve in Q3 to S$313 million amid fewer new launches
Group also reports it is in advanced talks over the sale of Sentosa Cove’s Quayside Isle
