City Developments Limited (CDL)
City Developments Limited (CDL) is a leading global real estate company with a network spanning 106 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.
With a proven track record of over 55 years in real estate development, investment and management, the Group has developed over 46,000 homes and owns over 24 million square feet of gross floor area in residential, commercial and hospitality assets globally. Its diversified global land bank offers 3.4 million square feet of land area.
Along with its London-based hotel arm, Millennium & Copthorne Hotels Limited (M&C), the Group has 156 hotels and 45,000 rooms worldwide, many in key gateway cities.
Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
Hong Leong Holdings
Hong Leong Holdings Limited (HLHL) was established in 1968 as the Hong Leong Group’s privately-held property development and investment arm. HLHL has since surfaced as a significant player on the property marketplace and among the pioneers of the real estate landscape in Singapore, making it one of the most sought-after providers of comfortable homes. As being a forward-looking developer that continues to pursue improvement and expansion while maintaining its high design, customer support and sustainability standards, HLHL takes pride in being responsible for some of the most exclusive and iconic home developments in Singapore. To date, it has developed nearly 100 residential properties and managed eight commercial projects, including mid-to-high-end range residential projects in some of the most coveted neighborhoods in the country.