The group's wholly owned IOI Consolidated (Singapore) Pte Ltd has inked a conditional share sale agreement with Ascent View Holdings Pte Ltd to acquire the stake in Scottsdale Properties Pte Ltd, the holding company of South Beach Consortium Pte Ltd, which owns the development.
SINGAPORE (July 27): CDL Hospitality Trusts (CDLHT) is mulling to diversify its investment strategy besides hospitality assets to include rental housing, co-living, student accommodation and senior housing, reported The Edge Singapore on July 26.
KUALA LUMPUR (March 6): Leading Singapore real estate player City Developments Ltd (CDL) wants to put its “ill-fated S$1.
SINGAPORE (May 11): Property group City Developments announced S$85.
SINGAPORE (May 8): DBS is maintaining its “buy” call on CDL Hospitality Trusts with a revised target price of S$1.
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.
SINGAPORE (March 23): RHB is keeping City Developments (CDL) at “buy” with a higher target price of S$11.
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.
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.
SINGAPORE (Jan 19): City Developments Ltd (CDL) has signed an agreement to invest RMB72 million (S$14.
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