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.
The acquisition of the 16,815 sqm prime freehold site from Seiko is part of the property group's move to step up its overseas expansion, and is its first acquisition for residential development in Japan.
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