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2025.09.20 10:37

$CityDev(C09.SG)

1) Based on end of August 2025, CDL has 2Billion in unrecognised revenue over the next 4 years from sales in Union Square, The Orie, Norwood Grand and Tembusu Grand

2) Sold MORE THAN 2billion in properties since the asset divestment plan was announced last year. Other Assets to be sold includes Piccadilly Podium, Quayside Isle, 1250 Sunnyvale California , and potential listing of 1Billion GBP UK hotel REIT assets

3) Special Dividends coming for FY25 up to 30c/share

4) Interest savings from Fed rate cuts, low SG, China and Japan rates with potential BOE rate cuts

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