Pavo Properties Pte Ltd
CITY DEVELOPMENTS LIMITED
Singapore’s trusted property pioneer since 1963, City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 locations in 29 countries and regions.
Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls.
With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area.
The Group’s London-listed subsidiary, Millennium & Copthorne Hotels plc (M&C), is one of the world’s largest hotel chains, with over 135 hotels worldwide, many in key gateway cities.
Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.
TID Pte Ltd
Established in 1972, TID Pte. Ltd. is a joint venture between two multinational corporations: Hong Leong Group from Singapore, and Mitsui Fudosan Co., Ltd. from Japan.
Hong Leong Group Singapore is a globally diversified company and is one of Asia’s largest and most successful conglomerates. The Group’s core businesses are property development, hospitality, financial services, and trade & industry.
Mitsui Fudosan Co., Ltd. is one of Japan’s largest real estate companies and a market leader in almost every aspect of real estate activities.
TID Pte. Ltd. is led by a strong Japanese management team and has been very active in property development in Singapore for the past 47 years. Its portfolio of successful quality projects include Optima@Tanah Merah, a project that was immediately sold out, and Nathan Suites, a luxurious condominium in a prestigious residential enclave.