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City Developments (CDL)
Markets
Singapore stock dividends highest among major developed markets
Morgan Stanley are forecasting a 14% total return potential for Singapore equities over the next 12 months.
June 22, 2020
Broker's Calls
City Developments gets upgraded to 'buy' amid potential rebound in 2021, attractive valuations: RHB
“The slow but steady recurring income build-up, strong balance sheet, and brand name, coupled with an experienced management team, should help CDL emerge stronger from the crisis,” says RHB analyst Vijay Natarajan.
May 29, 2020
Covid-19
Singapore confirms first case of Wuhan virus. Here's what investors need to know
The markets are likely to be spooked at the opening bell after Singapore on Thursday evening announced its first confirmed case of the deadly Wuhan virus. Here's what you need to watch out for.
January 24, 2020
Investing ideas
Credit Suisse's bottom up top picks for 2020: SingTel, ST Engineering, Wilmar and CDL
On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red. Among the key heavyweight counters, ST Engineering was the standout, closing higher that day instead.
January 23, 2020
Investing ideas
Analysts favour this diversified property player amid the lukewarm real estate market
SINGAPORE (Dec 24): Analysts are remaining cautious on the Singapore property and real estate sector, as the city state’s property cooling measures keep the market lukewarm.
December 24, 2019
Broker's Calls
CGS-CIMB retains 'overweight' stance on property sector as sales volume rallies
SINGAPORE (Dec 17): CGS-CIMB is keeping the Singapore property sector at “overweight” on the back of a 23% month-on-month increase in home sales recorded in November.
December 17, 2019
Broker's Calls
Liang Court redevelopment a 'four-way win' for local real estate heavyweights, says DBS
SINGAPORE (Nov 25): As property heavyweights CapitaLand, City Developments (CDL), CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott REIT) band together to in a bid to redevelop the Liang Court site into an integrated development, market wa
November 25, 2019
REITs
Liang Court redevelopment in spotlight as CapitaLand moves to recycle capital
SINGAPORE (Nov 25): CapitaLand has been busy with transactions this month. First, it proposed on Nov 1 to divest 28 US campus properties and two business parks in Singapore to Ascendas Real Estate Investment Trust (Ascendas REIT). On Nov 20, the develop
November 22, 2019
Property
CityDev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay
SINGAPORE (Nov 21): The iconic Liang Court site along River Valley Road has seen better days. But now, the 35-year-old property could get a facelift in a massive deal involving City Developments (CDL), CapitaLand, Ascott Residence Trust (Ascott REIT) and
November 21, 2019
REITs
REITs have had a good run, yield compression may have come to an end
(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On
November 15, 2019