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CDL outlines GET+ plan with S$6 billion divestment target through FY2029
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CDL outlines GET+ plan with S$6 billion divestment target through FY2029
  • CDL outlined its GET+ roadmap for FY 2027-2029 at Newport Plaza, targeting sharper focus, active portfolio management, execution milestones, shareholder returns.
  • Plan calls for USD 5 billion of investments across residential, commercial, hospitality, living, with 60% allocated to Singapore.
  • Capital recycling targets USD 6 billion of divestments, separate from projected cash inflows above USD 6 billion from development sales.
  • Targets include dividend payout ratio of at least 35% annually, net gearing near 55% by FY 2029.
  • Additional goals include over USD 1 billion PATMI from divestment gains, total AUM of USD 10 billion by FY 2029.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL - City Developments Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GUJO0M9L4QP7ZYUU) on September 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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