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Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Selling Sentosa Shopping Centre for $75M in Latest Singapore Retail Deal

2025/12/16 by Michael Cole Leave a Comment

City Developments Ltd has found a buyer for a community shopping centre on Sentosa Island as retail properties come back into vogue with investors in Singapore.

The developer controlled by tycoon Kwek Leng Beng said on Tuesday that it has… Read More>>

Kwek Leng Beng

Singapore’s CDL Buys Central London Holiday Inn for $370M

2025/12/03 by Christopher Caillavet Leave a Comment

City Developments Ltd has acquired a 706-key Holiday Inn hotel in central London’s Kensington area for £280 million ($370 million), expanding the Singaporean builder’s hospitality footprint in the upscale district.

CDL picked up Holiday Inn London Kensington High Street through… Read More>>

Daisuke Kitta Blackstone

Blackstone Buying Central Osaka Hotel From Singapore’s CDL for $89M

2025/11/25 by Christopher Caillavet Leave a Comment

Blackstone has agreed to buy a hotel in central Osaka from Singaporean builder City Developments Ltd for JPY 14 billion ($89.3 million), as the US fund management giant continues to bulk up on Japanese hospitality assets.

The acquisition of the… Read More>>

Kwek Leng Beng

Singapore’s CDL in Talks to Sell Sentosa Waterfront Mall as Q3 Home Sales Plunge

2025/11/18 by Christopher Caillavet Leave a Comment

Singapore property giant City Developments Ltd is in talks with potential buyers of its Quayside Isle at Sentosa Cove after putting the waterfront mall up for sale in September in a bid to optimise its portfolio.

The SGX-listed builder is… Read More>>

Sam Altman of OpenAI

OpenAI Scouting Partners for 1GW India Data Centre and More Asia Real Estate Headlines

2025/09/02 by Michael Cole Leave a Comment

The maker of ChatGPT is headed to India in search of someone to help it build a one-gigawatt data centre, with that story leading today’s review of real estate news from around the region. Also making the list is a… Read More>>

Kwek Leng Beng

Singapore’s CDL Posts 3.9% H1 Profit Growth as Kwek Family Feud Recedes

2025/08/13 by Christopher Caillavet Leave a Comment

City Developments Ltd posted a 3.9 percent year-on-year rise in attributable profit to S$91.2 million ($71.2 million) for the first half of 2025, with the Singaporean giant turning the page after a boardroom tussle marred the early months of the… Read More>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Places Top Bids for Two Suburban Singapore Residential Sites

2025/08/06 by Christopher Caillavet Leave a Comment

One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, with City Developments Ltd having entered the top bid in separate tenders for two suburban residential sites.

The builder controlled by… Read More>>

Ong Beng Seng

Ong Beng Seng Pleads Guilty and More Asia Real Estate Headlines

2025/08/04 by Nollanee Sriurarawat Leave a Comment

A final resolution to Singapore’s corruption case involving Ong Beng Seng leads today’s review of real estate headlines from around the region, with the tycoon pleading guilty to obstruction of justice. Also in the news, Warburg Pincus is said to… Read More>>

https://www.linkedin.com/in/anthony-bolger-72817322/

Asia Real Estate People in the News 2025-07-21

2025/07/21 by Michael Cole Leave a Comment

The reappearance, at least in the headlines, of one of the stars of China’s outbound investment wave of the mid-teens, leads this week’s review of personnel moves from around Asia’s real estate world as a co-founder of HNA Group receives… Read More>>

Cheng Kar-Shun, NWD

New World Said Marketing $1.9B Hong Kong Airport Mall and More Asia Real Estate Headlines

2025/07/17 by Michael Cole Leave a Comment

New World Development is seeking a buyer for its flagship mall at Hong Kong’s international airport, with that report leading today’s headline roundup. Also making the list, ESR nears the sale of a Sydney data centre site and China Vanke… Read More>>

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