City Developments Limited (CDL) is a leading international real estate operating company with a network stretching over 103 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is definitely one of the biggest firms by market capitalisation. Its income-stable and geographically-diverse portfolio which includes residences, offices, hotels, serviced apartments, integrated developments and shopping malls.
With a long proven track record of over 55 years in property development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area.
The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels 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.
The group has a wide range of portfolio of prime residential properties in Singapore as well as overseas.
As a property leader, CDL has been honoured with a number of awards and accolades that reflect our commitment to our shareholders. Many of these Corporate, Environmental and Project Awards have been rewarded as recognition of our business brilliance and capability to create and manage some of the world’s iconic homes and state-of-the-art offices.
Other accolades pay tribute to our championship of Corporate Social Responsibility. Our excellent record through a holistic approach embodies an enlightened commitment to our stakeholders, which include customers, investors, suppliers, employees and the community at large.
With such track record, along with TID Residential Pte. Ltd. that also develops and sells residential homes. Future residents of Piermont Grand EC Condo Singapore can expect high standard quality in the heart of Punggol.