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Double honours for CDL in Euromoney Real Estate Survey 2020

  • Double honours for CDL in Euromoney Real Estate Survey 2020

Reflecting CDL’s innovative spirit and commitment towards sustainability and track record in the innovative green development sector, City Square Mall (pictured) is Singapore’s first eco-mall and has achieved the highest-tier Green Mark Platinum award by Singapore’s Building and Construction Authority.

Singapore, 10 September 2020 – City Developments Limited (CDL) was named Best Residential Developer and Best Innovative Green Developer in Singapore in the Euromoney Real Estate Survey 2020.

In addition, CDL emerged as runner-up in the Best Overall Developer in Singapore category, and was placed third for two other categories – Mixed Sector, Singapore and Retail/Shopping Sector, Singapore.

Euromoney Editor Ms Louise Bowman commented, “The Euromoney real estate awards are voted for by all constituents in the industry – developers, advisers and banks. This makes them of particular importance in recognising strength in each individual sector. We congratulate City Developments Limited for their achievement in winning Best Residential real estate developer, and Best Innovative Green developer in Singapore; and for earning the respect of their peers and colleagues in the highly competitive global real estate market.”

CDL has consistently ranked well in the Euromoney Real Estate Survey, being amongst the top three in the Residential Developer and Overall Developer in Singapore categories over the past three years. It was named Best Residential Developer in Singapore for two consecutive years in 2017 and 2018.

The Euromoney Real Estate Survey is an annual survey of the global real estate markets that recognise the leading providers of real estate products and services. In its 16th year, it received a total of 2,778 valid survey responses worldwide. Survey respondents include real estate advisers and consultants, developers, banks, investment managers and corporate end-users, who provided their views on which firms they believe have been the best providers of real estate products and services in their market over the past 12 months.