News

Billionaire Kwek Family’s CDL Sells Stake In $2.1 Billion Singapore Complex To Malaysia’s IOI Properties
Under the deal, IOI Properties will buy CDL’s 50.1% stake in South Beach in a deal valuing the property at S$2.75 billion ($2 ...
VnExpress International on MSN23h
Singapore billionaire Kwek family’s CDL to sell $2.1B office complex to reduce debt, restore investor confidence after public father-son feud
City Developments will sell its majority stake in a landmark Singapore office complex as it aims to cut debt and regain ...
ET Realty4h
Singapore's City Developments to sell office complex stake for $646 million
The South Beach complex in a central business district in Singapore includes retail space, a 34-storey office tower, and a 45 ...
CDL to sell $2.75 billion Singapore office site to cut debt
City Developments Ltd. agreed to sell its majority stake in one of Singapore’s most iconic office complexes, according to a ...
IPE Real Assets21h
IOIPG takes full control of Singapore’s S$2.8bn South Beach commercial project
City Developments Ltd (CDL) has its 50.1% interest in the commercial component of its South Beach development in downtown ...
The Independent Singapore News20h
CDL’s S$608M bid for Lakeside Drive could become one of the highest land rates outside central region in years, property expert says
Only two land rates have been higher than CDL’s bid, which were transacted earlier this year: S$1,388 psf ppr for Bayshore ...