Category: Developer News

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CDL takeover offer for Millennium & Copthorne Hotels turns unconditional

CDL takeover offer for Millennium & Copthorne Hotels turns unconditional

CITY Developments Limited (CDL) said its final cash offer to acquire all the remaining shares in its London-listed subsidiary Millennium & Copthorne H ...

Top Global to buy 43 units in Thong Teck Building for S$170m from Allied Tech director

Property group Top Global has decided to buy 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building for S$170 mil ...
SC Global Developments and New World Development to debut Cuscaden Reserve

SC Global Developments and New World Development to debut Cuscaden Reserve

Singapore’s leading developer of luxury residences SC Global Developments Pte Ltd and two Hong Kong-listed developers and hotel operators, New World D ...
Developers dangle higher commissions to clear less ideal units

Developers dangle higher commissions to clear less ideal units

Some developers are dangling fatter commissions to incentivise property agents to help clear inventory. A check with property agents suggested that ...

CDL acquires full control of W Singapore-Sentosa Cove, Quayside Isle

CITY Developments Limited (CDL) acquired the remaining 62.5 per cent stake from the investors of Profit Participation Securities (PPS) 1 structure for ...
CapitaLand, ParkCity condo project in Kuala Lumpur over 70% sold

CapitaLand, ParkCity condo project in Kuala Lumpur over 70% sold

More than 70 per cent of the units at Park Regent – a joint-venture (JV) freehold residential development in Kuala Lumpur by mainboard-listed CapitaLa ...
CDL launches another attempt to buy Millennium & Copthorne Hotels for S$3.9b

CDL launches another attempt to buy Millennium & Copthorne Hotels for S$3.9b

Singapore-listed real estate firm City Developments Ltd (CDL) announced on Friday (Jun 7) another attempt to buy Britain's Millennium & Copthorne (M&C ...

Liang Court deal shows quirk in CapLand strategy

Last Friday's completion of the acquisition of Liang Court mall along River Valley Road by CapitaLand and City Developments Ltd (CDL) brings together ...
Oxley inks deal to sell Chevron House for S$1.03b

Oxley inks deal to sell Chevron House for S$1.03b

Property developer Oxley Holdings announced on Tuesday morning that it has signed a deal to sell Chevron House for up to S$1.025 billion, just 16 mont ...
CapitaLand sells self-storage business StorHub for S$179.5m

CapitaLand sells self-storage business StorHub for S$179.5m

CapitaLand has sold a group of companies that own and manage its self-storage business, StorHub, for an aggregate S$179.5 million to an unrelated and ...
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