City Developments (CDL)

CapitaLand, CDL preview Sengkang Grand Residences venture

Property

CapitaLand, CDL preview Sengkang Grand Residences venture

SINGAPORE (Oct 28): CapitaLand and City Developments (CDL) commenced the preview of the residential component of their joint venture, Sengkang Grand, on Oct 25. The mixed-use development, which occupies a 3.7ha site in Sengkang Central and has seamless co

Markets

IMF cuts growth forecast but MAS expects recovery; Kimly buys canteens

SINGAPORE (Oct 28): The International Monetary Fund has slashed its 2019 growth prediction for Singapore to 0.5%, down from its July estimate of 2%. This is IMF’s second downward revision for the city state; in its World Economic Outlook report in April
CapitaLand, CityDev to open doors to highly-anticipated Sengkang Central development on Oct 25

Property

CapitaLand, CityDev to open doors to highly-anticipated Sengkang Central development on Oct 25

SINGAPORE (Oct 23): CapitaLand and City Developments (CDL) will commence the preview of the highly-anticipated Sengkang Grand Residences sales gallery on Friday, the property development giants say in a joint release.

Broker's Calls

CityDev rated 'outperform' by Credit Suisse after resumption of coverage

SINGAPORE (Oct 18): Credit Suisse is resuming coverage of City Developments with an ‘outperform” call and a target price of $11.60.
Downtown Singapore is a new property playground

Property

Downtown Singapore is a new property playground

(Sept 29): Singapore’s property industry is coming to terms with the idea that, in about a decade, the city may no longer have a central business district. Landlords couldn’t be more chuffed.

Environmental, Social and Governance

City Developments, Sembcorp Industries and CapitaLand top sustainability class

SINGAPORE (Sept 16): Real estate and hotel group City Developments tops the table in The Edge Singapore’s Billion Dollar Club sustainability category, which measures a company’s commitment to strong environmental, social and governance principles. Mar

Sustainability

City Developments secures $250 mil sustainability-linked loan from DBS

SINGAPORE (Sept 4): City Developments Limited (CDL) has secured an SDG Innovation Loan worth $250 million from DBS, to accelerate innovative solutions that promote UN sustainable development goals (SDGs).

Company in the news

CDL focuses on traditional fund management for recurring income as its three PPS wind down

SINGAPORE (Aug 19): City Developments’ fund management segment under chief investment officer Frank Khoo appears to be taking shape. He has a target of $5 billion in assets under management (AUM) to be achieved by 2023, excluding the Profit Participatio

Right Timing

Right timing: Upside momentum intact for STI and blue chips

SINGAPORE (June 21): Here are three charts for our technical analysis this week:

Global Economy

Trump signals more uncertainty with 'what’s up here'; economists trim Singapore GDP forecast

SINGAPORE (June 17): US President Donald Trump is not letting up on his threats to hit China with a new set of tariffs as talks between the two economic giants show scant signs of progress. China, on the other hand, did not give a clear indication if Pres
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