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City Development Limited (CDL)
Broker's Calls
'Sluggish year ahead' for real estate sector, RHB maintains 'neutral' call and names City Developments as top pick
Analyst Vijay Natarajan expects a further moderation in property prices in 2024, noting increasing supply and high interest rates.
January 15, 2024
Broker's Calls
CGS-CIMB keeps 'add' call and $8.97 on CDL following accretive purchase of Japan assets
The purchase is estimated to lift CDL's AUM in the 'living' sector to $1.7 billion and its overall AUM to $3.4 billion
October 02, 2023
Broker's Calls
Brokers' Digest: CDL, Centurion, Food Empire, Delfi, Nanofilm, AEM
See what the analysts have to say this week.
August 20, 2023
Property
CICT and CDL remain unaffected by WeWork's bankruptcy warning (update)
The co-working company is a tenant at some of CICT, Suntec REIT, MPACT and CDL’s properties.
August 10, 2023
Sustainability
CDL first in Southeast Asia to apply two-pillar ESG disclosure framework in sustainability report
City Development Limited first in Southeast Asia to apply two-pillar ESG framework to sustainability report
March 28, 2023
Broker's Calls
Singapore property sector 'resilient' despite global slump; CDL and CLI preferred picks: Credit Suisse
Analysts are expecting the Singapore housing sector to show growth of 3% to 5% for 2023 even as the global market slump deepens.
January 18, 2023
Global Economy
Briefs: MAS evaluates more crypto safeguards; US Fed may further raise rates; CDL's CIO resigns
Check out some of the top news this week.
July 07, 2022
Broker's Calls
More solid earnings recovery expected for the rest of the year, analysts maintain positive on CDL
CDL's hospitality segment should continue to trade well for the rest of 2022 with the rebound in global travel.
May 26, 2022
Broker's Calls
Things are not looking bright for the real estate sector this year: RHB
2022 is expected to be a quiet year for the real estate sector.
January 17, 2022
Company in the news
City Developments Limited to divest interest in Sincere
The consideration of US$1 took into account Sincere’s current liquidity issues and potential bankruptcy reorganisation.
September 11, 2021