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CDL's next big monetisation moment: industrial properties

The property and hotel group may be in the advanced stages of hammering out a S$300-350m deal

SOMETHING'S brewing at City Developments Ltd (CDL), and it may not be what some had been expecting since the developer's S$1.5 billion monetisation of its Quayside Collection assets in December.

While market observers have tipped the South Beach mixed development project as the next big...

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