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The latest announcement is out from City Developments ( (SG:C09) ).
City Developments Limited (CDL) has announced the divestment of the Bespoke Hotel Osaka Shinsaibashi for JPY 14 billion, aligning with its capital recycling strategy. This transaction, part of CDL’s broader portfolio optimization efforts, highlights the company’s ability to capitalize on Japan’s robust hospitality market and marks its fourth major divestment in 2025, bringing total contracted divestments to over S$1.8 billion year-to-date.
The most recent analyst rating on (SG:C09) stock is a Hold with a S$8.00 price target. To see the full list of analyst forecasts on City Developments stock, see the SG:C09 Stock Forecast page.
More about City Developments
City Developments Limited (CDL) is a prominent player in the real estate industry, focusing on property development and investment. The company is known for its strategic capital recycling and portfolio optimization efforts, aiming to maximize shareholder value through timely divestments and acquisitions.
Average Trading Volume: 2,134,107
Technical Sentiment Signal: Buy
Current Market Cap: S$6.42B
See more data about C09 stock on TipRanks’ Stock Analysis page.
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