CNA938 Rewind - CDL has S$6 billion in hidden value. Can it finally be unlocked?
City Developments is embarking on a major portfolio overhaul, targeting $6 billion in divestments and $5 billion in new investments by 2029. Poh Kok Ing and Hairianto Diman speak with Victor Lai, Principal Consultant, Citadelcorp, to examine the logic behind the strategy, the risks of selling at the wrong time and what will determine whether the capital recycling creates real value.
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10 min
