Tag: City Developments Ltd (CDL)

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CDL posts 79.5% rise in Q2 profit on the back of strong sales

CDL posts 79.5% rise in Q2 profit on the back of strong sales

City Developments Limited’s (CDL) second-quarter net profit soared 79.5 per cent from a year ago, on the back of strong sales. The property develop ...
CDL seen poised for acquisitions, analysts raise target price

CDL seen poised for acquisitions, analysts raise target price

ARMED with a war chest of more than S$3 billion and an improved balance sheet, City Developments (CDL) is poised to make acquisitions in Singapore and ...

CDL working on PPS for Nouvel 18: sources

Faced with a looming November deadline to finish selling all its units in the completed Nouvel 18 condo project in a plush District 10 locale, City De ...

City Dev increases shareholding interest in Summervale to 100%

CITY Developments Limited (CDL) has increased its shareholding interest in Summervale Properties from 50 per cent to 100 per cent, after its wholly-ow ...

PPS not a panacea for every CDL high-end residential project

BT recently reported that Singapore-listed City Developments Ltd (CDL) may be at the preliminary stages of exploring the possibility of carrying out a ...

PPS3 to be priced ‘much higher than S$2,300 psf’

CITY Developments Ltd (CDL) has said that the anticipated pricing for a potential residential profit participation securities (PPS) transaction will b ...

CDL attempts third PPS deal, this time with top-end condos

CITY Developments Ltd (CDL) is said to be attempting its third profit participation securities (PPS) structure, this time involving a portfolio of 48 ...

Global-thinking CDL is still Singaporean at heart

City Developments Limited (CDL) may have placed great effort in recent years to grow its global footprint — from the appointment of an Australian as i ...

City Developments achieves record quarterly profit of S$410.5 million

City Developments (CDL) has booked a record S$410.5 million in net profit for the three months ended Dec 31 last year. The Singapore property devel ...

CDL and Alpha Investment Partners in S$1.1 billion Singapore office venture

Real estate giant City Developments (CityDev) will inject three of its office properties into an investment platform, in a move that will free up hund ...
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