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About the company
City Developments Limited is a Singapore-based global real estate company with a network spanning 168 locations in 29 countries and regions. The Company’s diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments. The Company's segments include Property development, Hotel operations, Investment properties and Others. The Property development segment is engaged in developing and purchasing properties for sale. The Hotel operations segment owns and manages hotels. The Investment properties segment is engaged in developing and purchasing investment properties for lease. The Others segment comprises investment in shares, management and consultancy services, and provision of laundry services. It has developed over 53,000 homes and owns around 23 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally and has over 160 hotels worldwide.
- Revenue in SGD (TTM)3.27bn
- Net income in SGD190.85m
- Incorporated1963
- Employees8.35k
- LocationCity Developments Ltd9 Raffles Place, #12-01 Republic Plaza 048619SingaporeSGP
- Phone+65 68778228
- Fax+65 62232746
- Websitehttps://cdl.com.sg/
Mergers & acquisitions
| Acquired company | C09:SES since announced | Transaction value |
|---|---|---|
| Benson Ltd | 6.05% | -- |
| Holder | Shares | % Held |
|---|---|---|
| The Vanguard Group, Inc.as of 02 Jul 2025 | 17.58m | 1.93% |
| Norges Bank Investment Managementas of 31 Dec 2024 | 7.48m | 0.82% |
| BlackRock Fund Advisorsas of 03 Jul 2025 | 7.07m | 0.78% |
| Dimensional Fund Advisors LPas of 04 Jul 2025 | 4.54m | 0.50% |
| BlackRock Investment Management (UK) Ltd.as of 31 May 2025 | 2.92m | 0.32% |
| MFS International Singapore Pte Ltd.as of 31 May 2025 | 2.84m | 0.31% |
| BlackRock Advisors (UK) Ltd.as of 04 Jul 2025 | 2.47m | 0.27% |
| State Street Global Advisors Singapore Ltd.as of 04 Jul 2025 | 1.95m | 0.21% |
| Los Angeles Capital Management LLCas of 31 Mar 2024 | 1.87m | 0.21% |
| APG Asset Management NVas of 31 Dec 2023 | 1.75m | 0.19% |
