Profile: City Developments Ltd (CDEVY.PK)
City Developments Limited (CDL), incorporated on September 1, 1963, is a real estate operating company with its presence spanning approximately 100 locations in over 30 countries. The principal activities of the Company are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services. The Company's segments include Property development, Hotel operations, Rental properties and Others. The Property development segment develops and purchases properties for sale. The Hotel operations segment owns and manages hotels. The Rental properties segment develops and purchases investment properties for lease. The Others segment consists of mainly investment in shares, management and consultancy services, and provision of laundry services.
The Company's geographical segments include Singapore, United States United Kingdom, China and Other countries. The Company's geographically diversified portfolio consists of residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totaling over 18 million square feet of floor area globally. The Company, through its subsidiary, Millennium & Copthorne Hotels plc (M&C), operates over 130 hotels globally. CDL has developed over 40,000 homes. Its residential properties include GRAMERCY PARK, ONE SHENTON, FOREST WOODS, ECHELON, COCO PALMS, THE CRITERION, Nouvel 18, One Shenton, Delfi Orchard, Good Class Bungalows, 368 Thomson, 7 Shophouses, Ballota Park, Blossom Residences, Fresh Breezes, Golden Hill Villas, Hillview Green, Jervois Lodge, Monterey Park Condominium, Park East, Pinewood Gardens, River Lodge, Sixth Avenue Ville, Sunshine Plaza Residences, The Florida, The Glyndebourne, Trellis Towers and Wilkie Studio. Its commercial properties include Central Mall, Kings Centre, Republic Plaza, The Arcade, Central Mall, Delfi Orchard, Quayside Isle, Cideco Industrial Complex and Tagore 23. Its other hotel assets include Millennium Hilton Bangkok, The St. Regis Singapore and W Singapore-Sentosa Cove.
City Developments Ltd
36 Robinson Road, #20-01 City Ho
Company Web Links
- City Developments markets Singapore's first Green bond
- BRIEF-City Developments on track to achieve S$5 BLN FUM by end 2015
- BRIEF-City Developments to buy Ransomes Wharf site in London to develop £222 mln luxury residential project
- BRIEF-City Developments to take 24 pct stake in Distrii
- BRIEF-City Developments updates on increase in shareholding in associated company