City Developments Limited
City Developments Limited (CDL) is a global leading real estate group with huge and extensive network that spanned across 108 locations in 30 countries and regions. CDL Group was established in September 1963 and got listed on the Singapore Exchange in November 1963. By market capitalization, CDL is the largest firm in Singapore. Having real estate development as its main core of business, the Group also has diverse business portfolio that comprises of residences, offices, hotels, serviced apartments, shopping malls and integrated mixed used developments.
CDL Group’s hotel arm, Millennium & Copthorne Hotels Limited (M&C), which is based in London has more than 160 hotels and 46,000 rooms world wide, many which are located in key gateway cities.
With a stellar and proven track record of more than 5 decades in real estate development, management and investment, the Group has developed more than 46,000 homes and is the largest commercial landlord/owner with over 26 million square foot of total gross floor area in residential, commercial and hospitality developments globally. CDL’s global landbank has 3.6 million square feet of land space.
With the extensive expertise in developing and managing a diversified asset base, The Group is well focused on strengthening the overall performance of its portfolio to give long term sustainable value to their shareholders. The Group has also came out a fund management unit and look to achieve USD$5 billion in Assets Under Management (AUM) by the year 2023.
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