City Developments Ltd - Company Profile
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City Developments Ltd (CDL) is a provider of real estate development services. It carries out the real estate development, funds management, facilities management, hotel operations and management, and hospitality activities. The company’s portfolio includes residences, offices, hotels, serviced apartments, shopping malls and integrated developments. The company also offers building maintenance contracts, project management, and club operation services. The company’s property portfolio includes Republic Plaza, City Square Mall, Tanglin Shopping Centre, Katong Shopping Centre, Biltmore Court & Tower, Palais Renaissance, 11 Tampines Concourse, Delfi Orchard, and Zuiderhof I. It also operates hotels through its subsidiary, Millennium & Copthorne Hotels plc (M&C), which operates a range of hotels across the globe. CDL is headquartered in Singapore.
City Developments Ltd premium industry data and analytics
Products and Services
Services | Brands |
---|---|
Hotel Operations | Millennium & Copthorne |
Hospitality Solutions | |
Development and Sale of Properties | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In March, the company announced its plans to construct over 250 apartments in Manchester's Northern Quarter in England, the UK. |
2024 | Plans/Strategy | In March, the company announced its plans to acquire the Hilton Paris Opera Hotel from Blackstone for EUR244 million. |
2023 | Asset Purchase | In November, the company along with Galliard Homes acquired 13.8-acre Morden Wharf development in the Royal Borough of Greenwich. |
Competitor Comparison
Key Parameters | City Developments Ltd | Yanlord Land Group Ltd | CapitaLand Group Pte Ltd | Frasers Property Limited | Ayala Land Inc |
---|---|---|---|---|---|
Headquarters | Singapore | Singapore | Singapore | Singapore | Philippines |
City | Singapore | Singapore | Singapore | Singapore | Makati |
No. of Employees | 8,083 | 8,730 | 10,473 | 5,032 | 278 |
Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kwek Leng Beng | Chairman | Executive Board | 1995 | - |
Sherman Kwek Eik Tse | Chief Executive Officer; Director | Executive Board | 2020 | - |
Yiong Yim Ming | Chief Financial Officer | Senior Management | 2016 | - |
Ivan Ng | Chief Technology Officer | Senior Management | 2016 | - |
Esther An | Chief Sustainability Officer | Senior Management | 1995 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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