February 17, 2015 1:22 AM
CITY Developments (CDL) has defied rocky real estate market conditions here by unveiling a 73.4 per cent surge in fourth-quarter net profit to $384.9 million - an all-time quarterly record.
January 29, 2015 1:15 AM
CDL Hospitality Trusts endured a challenging fourth quarter as a weak rouble kept Russian tourists away from its Maldives resorts and stiffer competition drove down Singapore hotel rates.
December 20, 2014 12:36 AM
We take a positive view of City Developments' (CDL) agreement with Blackstone and CIMB Bank to create a unique $1.5 billion investment platform to invest in the cash flow of its Sentosa Cove properties, as it will...
The investment in the Quayside Collection – comprising the W hotel, the Quayside Isle retail complex and the Residences at W Singapore – will be via an investment instrument called a Profit Participating Security.
November 13, 2014 1:23 AM
DEVELOPER City Developments (CDL) sees "no signs of any rebound" in home prices and called for an easing of rules which force builders to complete projects in a specified time.
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