City Developments Limited
City Developments Limited (CDL) is a one of the global leading real estate group with huge network that spanned across 107 locations in 29 countries and regions. Established in September 1963, CDL was listed on the Singapore Exchange in November 1963. CDL Group is one of the largest firm by market capitalization. With its main core business in real estate development, its diverse business portfolio comprises of residences, hotels, offices, shopping malls, serviced apartments and integrated mixed developments.
The Group’s hotel arm, Millennium & Copthorne Hotels Limited (M&C), which is based in London has over 156 hotels and 45,000 rooms world wide, many of which is located in key gateway cities.
With an excellent and proven track record of more than 5 decades in real estate development, management and investment, the Group has developed more than 45,000 homes and is the largest commercial landlord with over 23 million square foot of gross floor area in commercial, residential and hospitality developments globally. Its global land bank has 3.5 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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