City Developments Limited
City Developments Limited (CDL) is a leading global real estate company listed on the Singapore Exchange. It has an international network spanning 106 locations in 29 countries and regions.
CDL is one of the largest companies by market capitalisation. Its global asset portfolio comprises of serviced apartments, residences, hotels, offices, shopping malls and as well as integrated developments. With a stellar track record traversing over half a century, the group has developed more than 46,000 homes all around the world with its global land bank owning a total of 3.5 million sqft of land space.
They are also the largest commercial landlord, owning more than 24 million sqft of GFA in commercial, residential and hospitality properties in all parts of the world. On the other side of the globe, the Group’s hotel arm, Millennium & Copthorne Hotels Limited (M&C) based in London has over 150 hotels and 44,000 rooms around the world.
Leveraging on their expertise in developing and managing a varied asset base, the Group is committed to improving the achievement of its portfolio and build up its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and projects to achieve US$5 billion in Assets Under Management (AUM) by 2023.
CDL’s focus on integrity, innovation and collaborative strategies make for exponential results, leading to yearly outstanding results.
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