• City Developments expects significantly weaker second-half 2026 financial performance year over year.
• Some capital recycling transactions are now expected to close in fiscal 2027 amid persistent inflation and elevated interest rates.
• The second half of 2025 benefited from a $473.1 million gain from the South Beach Consortium divestment.
• Korean won appreciation has generated significant foreign exchange losses; property valuations could also result in impairment losses.
• The group targets net gearing of 55% by fiscal 2029, versus 75% at September 30, 2026, supported by $6 billion in divestments.

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: SZ1P0VYHGF70O9JH) on November 11, 2026, and is solely responsible for the information contained therein.