City Developments Limited, Singapore

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City Developments Company Description

City Developments Limited (CDL) invests in and manages office, hotel, retail, and apartment properties in Asia, Australia, Europe, and North America. It counts among its developments the 66-floor Republic Plaza, one of Singapore's tallest buildings and CDL's flagship holding. CDL's 53%-owned Millennium & Copthorne Hotels owns more than 100 hotels in major cities around the world (New York, London, Paris, Singapore, and Sydney). The firm also owns a majority interest in City e-solutions, a hospitality technical services company engaged in reservation, insurance sales, and payroll management. Hong Leong Group controls the company.

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The Company Description provides a historical perspective of City Developments's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of City Developments's evolution in the marketplace.

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