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Savills plc (SVLPF)
- EdgeProp
CDL’s majority-owned Delfi Orchard up for collective sale at $438 mil
The freehold Delfi Orchard has a prominent frontage of 80m along Orchard Road (Photo: Samuel Isaac Chua/EdgeProp Singapore)Singapore-listed property group City Developments (CDL) has been actively decluttering its property investment portfolio by divesting legacy strata-titled assets. The latest to be put on the market is Delfi Orchard, an 11-storey commercial and residential complex at the corner of Orchard Road and Claymore Road, which CDL developed in 1985.According to the group’s 2023 annual
- EdgeProp
CDL divestment accelerates with sale of strata units at Fortune Centre and Sunshine Plaza
CDL is releasing its 27 remaining strata commercial units at Fortune Centre for sale to the tune of $63.6 million (Photo: Samuel Isaac Chua/EdgeProp Singapore)This month, City Developments Ltd (CDL) has mounted a divestment programme across multiple fronts in its sprawling real estate investment portfolio. This is in keeping with the $1 billion divestment target set for 2024 outlined by group CEO Sherman Kwek at CDL’s FY2023 results briefing on Feb 29.On April 12, CDL rolled out for sale a portf
- Simply Wall St.
Savills plc's (LON:SVS) Intrinsic Value Is Potentially 37% Above Its Share Price
Key Insights The projected fair value for Savills is UK£14.79 based on 2 Stage Free Cash Flow to Equity Savills...
