City Developments Limited

Company Profile

 
City Developments Limited (CDL) is a preeminent global real estate entity, boasting a vast network across 143 locations in 28 countries and regions. As a prominent player listed on the Singapore Exchange, City Developments Limited holds a distinguished position among the largest companies by market capitalization. The group’s extensive and diverse portfolio encompasses residences, offices, hotels, serviced apartments, retail malls, and integrated developments, contributing to its robust and income-stable presence.

With an illustrious 60-year track record in real estate development, investment, and management, CDL has successfully delivered over 50,000 homes and currently owns approximately 21 million square feet of gross floor area across residential, commercial, and hospitality assets globally.

Beyond its architectural contributions to skylines, CDL has significantly impacted Singapore’s built environment through its commitment to sustainable practices. Embracing the ethos of “Conserve as we Construct” for over two decades, CDL has been at the forefront of game-changing innovations that enhance resource efficiency and productivity.

CDL has earned its status as an industry leader, consistently garnering awards for its outstanding green buildings. With 120 BCA Green Mark certifications, including numerous Platinum awards, CDL stands as one of the leading private developers championing sustainability since the inception of the scheme in 2005.

In 2022, CDL received the prestigious Quality Excellence Award – Quality Champion at the Building and Construction Authority (BCA) Awards, marking a decade of unwavering commitment to delivering high-quality homes and commercial spaces. This award underscores CDL’s dedication to workmanship excellence and quality assurance programs.

Aligning with the SG Green Building Masterplan’s 80-80-80 goals, CDL has committed to achieving Super Low Energy Buildings (SLEB) for 80% of its owned and managed buildings by 2030. Noteworthy among its accomplishments are Newport Plaza and Copen Grand Executive Condominium, both earning Singapore’s first BCA Green Mark Platinum Super Low Energy (SLE) Certification.

CDL’s dedication to sustainable development is further validated by its global recognition in various sustainability ratings and rankings. Achieving the 28th position in the Global 100 Most Sustainable Corporations in the World by Corporate Knights in 2023, CDL has consistently maintained its status as the world’s top sustainable real estate management and development company for the fifth consecutive year. The company’s commitment is underscored by its inclusion in prestigious lists such as CDP A List, FT-Nikkei-Statista Climate Leaders Asia Pacific 2022, MSCI ESG Research, Bloomberg Gender-Equality Index (GEI), and Sustainalytics