Singapore’s property pioneer since 1963, City Developments Limited (CDL) 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 solutions.
With an extensive network of more than 300 subsidiaries and associated companies under its wings, CDL has 5 companies listed on notable stock exchanges in New Zealand, Hong Kong, London and Philippines. The Group currently owns and manages a solid portfolio of residential and investment properties, in addition to hotels, across Asia, Europe, Middle East, North America and New Zealand/Australia.
In Singapore, CDL has established a remarkable track record of having developed over 22,000 luxurious and quality homes catering to a wide range of market segments. As one of Singapore’s biggest landlords, it owns over 7 million square feet of floor/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, with over 3.6 million square feet that has the vast potential of being developed into over 9 million square feet of gross floor area.
CDL is also the only Singapore developer to be listed on both the Dow Jones Sustainability Indexes and FTSE4Good Index Series. Since 2010, CDL has also been listed on the prestigious Global 100 Most Sustainable Corporations in the World ranking. It is also a founding member of Singapore Compact 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.