About City Developments
City Developments is a company based in Singapore (Singapore) founded in 1963. The company has 8,350 employees as of December 31, 2024. City Developments has completed 6 acquisitions, including 125 Old Broad, Le Meridien Frankfurt and Millennium & Copthorne Hotels. City Developments operates in a competitive market with competitors including Godrej Properties, Vingroup, Lendlease, DLF India and Sun Hung Kai Properties, among others.
- Headquarter Singapore, Singapore
- Employees 8350 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name City Developments Limited
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Annual Revenue
$2.42 B (USD)-33.38as on Dec 31, 2024
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Net Profit
$147.66 M (USD)-36.56as on Dec 31, 2024
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EBITDA
$501.71 M (USD)-25.53as on Dec 31, 2024
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Latest Funding Round
$250 M (USD), Debt – Conventional
Sep 04, 2019
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Investors
DBS Bank
& 1 more
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Employee Count
8350
as on Dec 31, 2024
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Investments & Acquisitions
125 Old Broad
& 5 more
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IPO & Listings of City Developments
City Developments is a publicly listed company on the SGX with ticker symbol C09 in Singapore, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of City Developments
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Leadership Team
23 people
Software Development Team
9 people
Data Analysis and Operations Team
4 people
Manager Team
4 people
Senior Team
3 people
Finance and Accounting
2 people
Human Resources and Administration
2 people
Creative and Marketing Team
1 people
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Funding Insights of City Developments
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $250.0M
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First Round
First Round
(05 Apr 2019)
- Investors Count 2
Investors in City Developments
City Developments has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DBS Bank and HSBC Hong Kong.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Banking services, digital solutions, and wealth management for personal and corporate clients in India.
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Founded Year | Domain | Location | |
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Comprehensive banking and financial services are provided by HSBC Hong Kong.
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Founded Year | Domain | Location |
Investments & Acquisitions by City Developments
City Developments has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include 125 Old Broad, Le Meridien Frankfurt and Millennium & Copthorne Hotels.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Real estate development projects are undertaken and managed.
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2018 | ||||
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Investment management services are provided by Tus Xiexin.
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2015 | ||||
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High-quality maple syrup, sugar, and caramel are offered online.
|
1995 |
Financial Statements - City Developments
City Developments Comparisons
Competitors of City Developments
City Developments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Godrej Properties, Vingroup, Lendlease, DLF India and Sun Hung Kai Properties, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential and commercial properties are developed by Godrej Properties.
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| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Provider of property and real estate development services
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| domain | founded_year | HQ Location |
Real estate properties are developed and managed in Hong Kong.
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|
| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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Frequently Asked Questions about City Developments
City Developments was founded in 1963 and raised its 1st funding round 56 years after it was founded.
City Developments is headquartered in Singapore, Singapore.
As of Dec 31, 2024, the latest employee count at City Developments is 8,350.
Annual revenue of City Developments is $2.42B as on Dec 31, 2024.
City Developments was founded in 1963 in Singapore and operates within the real estate sector. Project development services are offered, alongside asset management, property management, infrastructure support, and leasing. A chain of hotels is also managed worldwide. Business activities span more than 100 locations across 20 countries and regions. In 2022, annual revenues reached 2.39 billion, with net profit at 0.93 billion.
City Developments's top competitors include Godrej Properties, Marcus& Millichap and Vingroup.
Yes, City Developments is publicly traded on SGX under the ticker symbol C09.
City Developments has made 6 acquisitions, including 125 Old Broad, Le Meridien Frankfurt, and Millennium & Copthorne Hotels.
City Developments has 2 investors. Key investors include DBS Bank, and HSBC Hong Kong.
The ticker symbol of City Developments is C09 on SGX.