CityDev sees 19% decline in 1Q earnings to S$86 mil
SINGAPORE (May 11): Property group City Developments announced S$85.
CDL Hospitality Trusts gets a DPU kick from The Lowry
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of S$1.
Singapore REITs get an upgrade as Fed doves & hawks tussle
SINGAPORE (April 3): CIMB Research is upgrading its sector outlook on Singapore REITs (S-REITs) from “underweight” to “overweight” on a dovish Fed outlook in addition to a potential sector re-rating ahead of a broader physical recovery in 2018.
Here’s why CityDev is still RHB’s preferred pick
SINGAPORE (March 23): RHB is keeping City Developments (CDL) at “buy” with a higher target price of S$11.
Lafarge Malaysia’s Construction Development Lab receives ISO/IEC accreditation
PETALING JAYA (March 8): Lafarge Malaysia Bhd’s Construction Development Lab (CDL) has received the ISO/IEC 17025 accreditation, an international standard that ensures the quality and accuracy of laboratory equipment calibration and sampling analysis.
CityDev subsidiary acquires Shanghai commercial project for S$186 mil
SINGAPORE (Feb 15): CDL China, a wholly-owned subsidiary of City Developments Limited (CDL), is acquiring a prime Shanghai commercial project, Meidao Business Plaza for RMB 900 million (S$186 million) through the purchase of a 100% equity stake in Shanghai Meidao Investment Co.
City Developments to invest in Distrii, China operator of co-working spaces
SINGAPORE (Jan 19): City Developments Ltd (CDL) has signed an agreement to invest RMB72 million (S$14.
Mulpha in talks to acquire Novotel Brisbane Hotel
KUALA LUMPUR (Nov 28): Mulpha International Bhd said it is in discussions to acquire the Novotel Brisbane Hotel but has not inked any legally-binding contract for the purchase.
Swoop in on S-REITs while markets are cautious
SINGAPORE (Nov 9): Investors now have a chance to accumulate Singapore REITs while the market overshoots, according to a Tuesday report by DBS.
CDL expands Japan footprint; invests in prime development in Tokyo
SINGAPORE (Oct 18): City Developments Ltd (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha, has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.
