City Developments

SINGAPORE (Jan 11): Maybank Kim Eng is maintaining its “neutral” rating on the Singapore property sector as developers bare their teeth in the fight to secure new land bank for development.

SINGAPORE (Jan 6): City Developments could be expected to make more acquisitions in the coming year, after the group’s net gearing fell to 19% from the divestment of Nouvel 18 through its profit participation securities structure, and opened up a large

SINGAPORE (Dec 19): DBS is maintaining its “overweight” recommendation on the property sector as its 2017 outlook starts to look brighter.

SINGAPORE (Dec 1): City Developments has been actively unlocking the value of its portfolio through asset monetisation, and has another $3 billion worth of assets remaining that are suitable for injection into funds. Yet, its share price is trading at a 3

SINGAPORE (Nov 1): Deft risk-taking by a handful of midsized developers over the three years to 2015 made them the best performers in terms of the financial metrics by which the Billion Dollar Club companies are measured.

SINGAPORE (Oct 24): City Developments on Friday launched its third profit participation securities (PPS) to unlock the value for Nouvel 18. This was met with the approval from market watchers.

SINGAPORE (Oct 21): Singapore stocks closed lower on Friday, following a negative regional lead.

SINGAPORE (Oct 10): Singapore shares ended lower in line with most of its regional peers.

SINGAPORE (Sept 28): A dual track has emerged in the mid- and mass-market segments of Singapore’s property sector, according to RHB Research.

SINGAPORE (Sept 23): Maybank Kim Eng is keeping City Developments on “hold”, and keeping a close watch on its high-end Gramercy Park project, as the developer dips its toes into the luxury residential market.