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, North America and New Zealand/Australia.
In Singapore, 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 4 million square feet of lettable office,
industrial, retail and residential space. The Group also
owns one of the largest land banks amongst private developers,
with over 4 million square feet that has the potential of
being developed into over 8 million square feet of gross
Beyond establishing a distinctive
imprint on the Singapore cityscape, CDL's local presence
is matched by the strategic growth of its international
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 102 hotels in 18 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.
Information as at 26 February 2009.