SINGAPORE’S TRUSTED PROPERTY PIONEER SINCE 1963
City Developments Limited (CDL) is a Singapore-listed international real estate operating company with a global presence spanning 94 locations in 26 countries. As one of Singapore’s largest companies by market capitalisation, its income-stable and geographically-diversified portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls, totalling over 18 million square feet of floor area globally.
CDL has hotel assets in one of the world’s largest hotel groups – its London-listed subsidiary Millennium & Copthorne Hotels plc (M&C) has over 120 hotels globally, many in key gateway cities. In Singapore, CDL has devloped over 36,000 homes and is one of Singapore’s largest commercial landlords, with one of the biggest landbanks amongst Singapore private-sector developers.
Building on its track record of over 50 years in real estate development, investment and management, CDL has developed growth platforms in five key international markets – China, UK, US, Japan and Australia. The Company is also leveraging its table of prime assets and growing its real estate funds management business. It currently has S$2.6 billion in funds under management.
As a socially responsible corporation, CDL is fully committed to environmental sustainability. Since the 1990s, it has been championing green building innovation in Singapore. For its commitment to sustainable development and shaping Singapore’s built environment, CDL was accorded numerous local and international accolades.
These include the Built Environment Leadership Platinum Award in 2009, Green Mark Platinum Champion Award in 2011 and Quality Excellence Award – Quality Champion (Platinum) since 2013, all awarded by the Building and Construction Authority (BCA). Since 2014, CDL has been Asia’s Top Property Developer in the Channel NewsAsia Sustainability Ranking. In 2016, CDL was ranked Top Real Estate Company on the Global 100 Most Sustainable Corporations in the World 2016 index.
Globally, CDL is the first Singapore corporation to be listed on three of the world’s leading sustainability benchmarks: the FTSE4Good Index Series (since 2002), the Global 100 Most Sustainable Corporations in the World (since 2010) and the Dow Jones Sustainability Indices (since 2011).