City Developments Limited (CDL) has been Singapore's
property pioneer since 1963. It is a Singapore listed international property and
hotel conglomerate involved in real estate development and investment, hotel
ownership and management, facilities management and the provision of hospitality
With an extensive network of more than 350 subsidiaries and
associated companies under its wings, the Group currently owns and manages a
solid portfolio of residential and investment properties, including hotels.
CDL's network spans over 80 locations across 27 countries, including Asia,
Europe, Middle East, North America and New Zealand/Australia. Its China division
and wholly-owned subsidiary, CDL China Limited, has been strategically making
inroads in China's key cities.
In Singapore, CDL has established a
remarkable track record of having developed over 30,000 luxurious and quality
homes catering to a wide range of market segments. As one of Singapore’s
biggest landlords, it owns over 7.8 million square feet lettable area of office,
industrial, retail, residential and hotel space locally and globally. The Group
possesses one of the largest land banks amongst private developers in Singapore,
with over 3.2 million square feet that has the vast potential of being developed
into over 9.3 million square feet of gross floor area.
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 globally.
As a socially responsible corporation, CDL is fully committed towards
environmental sustainability and has been taking the lead in shaping
Singapore’s built environment since the 1990s.
Testament to its
commitment towards Corporate Social
and sustainable development, CDL was the first
company honoured with the President’s Social Service Award and
President’s Award for the Environment in 2007 in Singapore. It was also
the only developer to be accorded the Built Environment Leadership Platinum
Award in 2009 and Green Mark Platinum Champion Award in 2011 by the Building and
Construction Authority, the governing authority for Singapore’s built
CDL has the distinction of being the first Singapore
company to be listed on three of the world’s sustainability benchmarks -
FTSE4Good Index Series since 2002, Global 100 Most Sustainable Corporations in
the World since 2010 and the Dow Jones Sustainability Indexes since 2011. It is
also a founding member of Singapore Compact for CSR, and one of the pioneer
Singapore signatories of the United Nations Global Compact to lend support to
the advancement of responsible corporate citizenship in Singapore.