City Developments Limited (CDL)

SINGAPORE (Jan 19): City Developments Limited (CDL) has signed an agreement to invest RMB 72 million ($14.8 million) for a 24% stake in Distrii, a leading operator of co-working spaces in China.

SINGAPORE (Jan 13): CIMB is keeping its “overweight” call on Singapore developers on the back of attractive valuations and growth opportunities as the supply overhang passes.

SINGAPORE (Jan 3): RHB says Singapore property prices are expected to fall by between 3-7% in 2017, but there is no relaxation of property cooling measures in sight.

SINGAPORE (Dec 20): DBS Group Research says City Developments’ decision to diversify into the overseas property market is paying off.

SINGAPORE (Nov 11): Maybank Kim Eng continues to keep its “hold” recommendation on City Developments Limited (CDL) with an unchanged target price of $9.42, after its 3Q16 results came in line with the research house’s expectations.

SINGAPORE (Oct 18): CIMB Securities and Credit Suisse are recommending City Developments Limited (CDL) as their top developer pick of the sector with target prices of $8.75 and $11.50 respectively.

SINGAPORE (Sept 8): OCBC Investment Research is keeping City Developments Limited (CDL) on “buy” with an unchanged fair value estimate of $9.89 following the property developer’s RMB100 million ($20.4 million) investment in mamahome, a Chinese onlin

SINGAPORE (Sept 7): CIMB Research is keeping its “overweight” rating on Singapore’s property segment given that investors are still seeking shelter in yield.

SINGAPORE (Aug 12): UOB Kay Hian is maintaining its “buy” call on City Developments Limited (CDL) with a target price of $10.36. Here are a number of reasons why lead analyst Vikrant Pandey continues to remain positive on the developer and expects it

SINGAPORE (Aug 11): City Developments Limited (CDL) posted earnings of $133.8 million for the 2Q ended 30 June, just 0.2% higher than $133.5 million a year ago.