454 Followers SGX:C09 - CITY DEVELOPMENTS LIMITED CityDev
Sector: Real Estate, Industry: Real Estate Development
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SGD 6.84    -0.010 (-0.15%)
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23 Jul 2021


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General

CEO: Mr. Leng Beng Kwek

Headquarters: SG

Employees: 0

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Description

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.