SINGAPORE (Mar 11): Sherman Kwek, CEO of City Developments (CDL), is restarting the local developer’s plans for a fund management business while winding down the profit participation securities (PPS) implemented by his predecessor Grant Kelley. PPS was an in-house securitisation method. During a ...

SINGAPORE (Mar 4): City Developments (CDL) is expanding into the rapidly-growing UK private rented sector (PRS) with the acquisition of a £15.4 million ($27.5 million) freehold site from Alpha Real Trust. Located at Monk Bridge in Leeds, the site is about a 10-minute walk to the Leeds Train Statio...

PROPERTY group City Developments Limited (CDL) has expanded into the UK private rental sector (PRS), with a £15.4 million (S$27.5 million) acquisition of a freehold site in Leeds, from Alpha Real Trust.

PROPERTY group City Developments Limited (CDL) has expanded into the UK private rented sector (PRS) with its £15.4 million (S$27.5 million) acquisition of a freehold site in Leeds, from Alpha Real Trust.

Submitted By:  Arianna Danganan Case Study:  No It plans to develop a 664-unit build-to-rent residential project at the 193,752 sqft site. City Developments (CDL) h...

Submitted By:  Arianna Danganan Case Study:  No The firm has 449 unsold units as of December 2018. City Developments (CDL) reportedly has the largest share of unsol...

SINGAPORE (Feb 25): Driven by stronger recurring income and contribution from more mature property assets, CapitaLand has reported its highest full-year earnings in a decade for FY2018. In a sign that the company’s scale and financial muscle is coming to bear, CapitaLand achieved yet another year...

SINGAPORE (Feb 22): Singapore’s second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali. Property values at Sentosa Cove, a residential area nestled on a tiny island off the south coast, have been hit particularly h...

AS City Developments Limited (CDL) gears up for its slew of residential project launches, it's also taken a liking to some government land sales (GLS) sites later this year. The property group also won't rule out occasional en bloc deals.

EVEN with global uncertainties like trade tensions, questions around Brexit and global economic growth, executive chairman of property giant City Developments Limited (CDL) Kwek Leng Beng does not think things will be all that bad.