19 December 2014- CDL China Limited (CDL China), a wholly-owned subsidiary of City Developments Limited, has successfully acquired a high-end, low-density residential project with gross floor area (GFA) of 35,732 square metres (sqm) in Shanghai’s Qingpu District. The transaction was completed on 10 December 2014, through Shanghai Victory Star Investment Consulting Ltd, an indirect wholly-owned subsidiary of CDL China, via an …
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CDL China Acquires Upscale Residential Project In Shanghai China
CDL Unveils Unique S$1.5 Billion Investment Platform
16 December 2014 – City Developments Limited (CDL) has partnered with Blackstone’s Tactical Opportunities Fund and CIMB Bank Berhad, Labuan Offshore Branch to create a unique investment platform that will invest in the cashflows of CDL’s properties in Sentosa Cove, called the Quayside Collection. Through this transaction, a total of S$1.5 billion will be raised. The Quayside Collection, an upscale integrated …
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Millennium & Copthorne Gains Foothold In Japan With First Tokyo Hotel
15 December 2014 – Millennium & Copthorne Hotels (M&C) announced the opening of their first flagship hotel in Japan today, marking a definitive milestone for the Group. Millennium Mitsui Garden Hotel, a collaboration with Mitsui Fudosan, will open its doors on 17 December 2014. Located in the heart of Tokyo’s Ginza 4-Chome District, directly opposite Misukoshi department store, the hotel …
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Orchard Hotel Brings Early Festive Cheer With The First Children’s Christmas ‘Flea Market’ by Children
11 December 2014 – Orchard Hotel Singapore doubled its efforts to help make children’s wishes come true this morning. As part of its annual Christmas Wishing Tree Campaign, the 656-room hotel partnered Community Chest in a special festive collaboration to host the first Christmas ‘Flea Market’ run by children to help raise funds for the underprivileged kids. This is the …
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M&C Creates New Post, General Manager of Asia Operations
4 December 2014 – Millennium & Copthorne Hotels (M&C), has announced the appointment of Mr. Richard Ong in a newly-created position of General Manager, Operations, Asia. Mr. Ong will assist the Senior Vice President, Asia, based in Singapore, to oversee the operations of M&C’s 13 regional hotels to drive and optimise operational excellence, improve cost efficiency, and enhance guest satisfaction.