City Developments Limited was established in September 1963 and was later listed on Singapore stock exchange(SGX) mainboard in November 1963. Being a global real estate group it has a extensive network of over 103 locations in 29 regions and is one of the largest firms by market capitalization. With more than 55 years of experience in real estate development, CDL has built over 43,000 homes and is the largest commercial landlord with more than 18 million square feet of commercial space. The Group diverse business portfolio comprises of residences, offices, hotels, integrated developments, serviced apartments and shopping malls.
Millennium & Copthorne Hotels Limited (M&C), the hotel arm of City Development Group, is one of the largest hotel chain with more than 145 hotels globally.
With the Group deep expertise in managing and developing a diversified asset base, CDL is focused on strengthening the performance of its portfolio to deliver long-term sustainable value to shareholders.
CapitaLand Limited is one of the leading property developer in Asia which was incorporated in 1989 and went public in year 2000. The Group has its headquarter based in Singapore and has a diversified portfolio that comprises of varies types of properties which includes residential, commercial, retails, malls, business parks and industrial in countries such as Singapore, China, Vietnam, USA, Europe and Australia.
CapitaLand is also the world largest real estate management group where they manages 7 real estates investment trusts (REITs) and business trusts as well as over 20 private trust funds. The first REITs was CapitaLand Mall Trust in 2002 and from there, CapitaLand’s REITs have expanded to include CapitaLand Commercial Trust, Ascendas Real Estate Investment Trust, CapitaLand Retail China Trust, Ascott Residence Trust, CapitaLand Malaysia Mall Trust and Ascendas India Trust.
With the Group vision “To be a leading global enterprise that enriches people and communities through high-quality real estate products and services”, CapitaLand has always been known to many as a developer that builds breathtaking architectural development with top value finishes and such can be seen in residential developments like the award winning The Interlace, Sky Habitat, Cairnhill 9, d’Leedon, Orchard Residences and the exciting iconic One Pearl Bank @Outram.
As an aspiring owner of One Pearl bank, you can be assured of a quality dream home that rest in the hand of an acclaimed developer, CapitaLand Limited.
Ascott Residence Trust (ART)
Ascott Residence Trust (ART) is the largest hospitality trust in Asia Pacific with an asset value of S$7.2 billion as at 31 December 2020. Having listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, ART’s objective is to invest primarily in income-producing real estate and real estate-related assets which are used or predominantly used as serviced residences, hotels, rental housing properties and other hospitality assets in any country in the world.
ART’s international portfolio comprises 86 properties with more than 16,000 units in 38 cities across 15 countries in Asia Pacific, Europe and the United States of America as at 31 December 2020.
ART’s properties are mostly operated under the Ascott The Residence, Somerset, Quest and Citadines brands. They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Seoul, Shanghai, Singapore and Tokyo.
ART is a stapled group comprising Ascott Real Estate Investment Trust (Ascott Reit) and Ascott Business Trust (Ascott BT). ART is managed by Ascott Residence Trust Management Limited (as manager of Ascott Reit) and Ascott Business Trust Management Pte. Ltd. (as trustee-manager of Ascott BT), both of which are wholly-owned subsidiaries of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.
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