Singapore's property pioneer since 1963, City Developments
Limited (CDL) is a listed international property and hotel conglomerate involved
in real estate development and investment, hotel ownership and management,
facilities management, as well as the provision of hospitality
solutions.
With an extensive network of more than 300 subsidiaries and
associated companies under its wings, CDL also has 5 companies listed on notable
stock exchanges in New Zealand, Hong Kong, London and Philippines. The Group
currently owns and manages a strong portfolio of residential and investment
properties, in addition to hotels, across Asia, Europe/Middle East, North
America and New Zealand/Australia.
Locally, CDL holds an impressive
track record of over 22,000 luxurious and quality homes to its name. As one of
the biggest landlords in Singapore, CDL owns over 6 million square feet of
lettable office, industrial, retail and residential space across Singapore and
regionally/globally. The Group also owns one of the largest land banks amongst
private developers, with over 3.5 million square feet that has the potential of
being developed into over 7 million square feet of gross floor area.
Beyond establishing a distinctive imprint on the Singapore
cityscape, CDL's local presence is matched by the strategic growth of its
international business.
The Group's global presence is led by its
diversification into hospitality management and the acquisition of hotel assets
through CDL's London-listed subsidiary,
Millennium & Copthorne
Hotels plc (M&C). As one of the world's largest hotel groups,
M&C owns, asset manages and/or operates over 100 hotels in 17 countries
around the world. The Hong Kong-listed
City
e-Solutions Limited is another subsidiary of CDL that is dedicated
towards providing management services and technology solutions for the
hospitality industry, as well as making investments in the global real estate
sector.
Beyond its business operations, CDL believes in giving back to
the community. It remains committed to an extensive range of
Corporate Social
Responsibility (CSR) programmes aimed at caring for the needy, raising
awareness about the environment, nurturing the youth and promoting the arts. For
its sustained commitment and outstanding contributions to the community and the
environment, CDL was conferred the prestigious President’s Social Service
Award and President’s Award for the Environment in 2007. It is the only
Singapore developer listed on both FTSE4Good Index Series since 2002 and the Dow
Jones Sustainability Indexes (globally and regionally). CDL also holds the
honour of being the only Singapore company ranked amongst the prestigious
Corporate Knights Global 100 Most Sustainable Corporations in the World for
three consecutive years.