Nouvel 18

Developer for Nouvel 18

City Developments Ltd
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.

Overview
The Founding of CDL
CDL began in a small, rented office in Amber Mansions on 7 September 1963, staffed by only eight employees, to acquire, develop and sell property. The Company went public in November 1963 and its shares were listed on what was known then as the Malayan Stock Exchange.

The Early Years
In 1965, CDL completed its first housing project, Fresh Breezes in Johor Bahru, and pioneered the “show flat” concept. This was followed by the launch of its first high-rise residential development in Singapore, City Towers, as well as the completion of Phase One of Clementi Park, CDL’s first full condominium concept project, in 1966.

A New Beginning
In 1972, the Hong Leong Group, under the guidance and leadership of founder, the late Mr Kwek Hong Png, acquired a controlling interest in CDL and embarked on a strategic diversification into investment properties. CDL placed its diversification strategy into effect with the acquisition of Guan Realty (Private) Limited in 1972. This newly acquired subsidiary subsequently developed City Plaza, CDL’s first mixed use Development which was completed in 1980.

Singapore Property Pioneer
With the late Mr Kwek’s aspiration and strong business acumen, CDL emerged as a major property developer in Singapore. In the 1980s, CDL launched 21 residential properties and completed 12 investment properties including City House in the heart of the Central Business District, which became CDL’s headquarters.

Hotel Acquisition
CDL made its maiden foray into the hospitality industry with the development of King’s Hotel (now Copthorne King’s Hotel Singapore). Orchid Inn (now redeveloped into a residential project – The Glyndebourne) was also bought about this time. This was followed by rapid expansion and regionalisation.

Today, CDL’s hospitality arm, Millennium & Copthorne Hotels plc (M&C) is Singapore’s largest international hotel group and one of the largest hotel owners and operators in the world.

50 Years of Distinction
With over five decades of track record, CDL has built a distinctive legacy of industry leadership and championing green buildings, fueled by our vision to conserve as we construct. We look forward to achieving new milestones as we continue to transform the eco-landscape as well as to set benchmarks in innovation and sustainable developments. And to press on for our biggest reward – a better home for everyone to live in.

Architect for Nouvel 18

Ateliers Jean Nouvel
Ateliers Jean Nouvel (AJN) is a world-renowned design firm with a multicultural team of 122 people from more than twenty countries. AJN combines the disciplines of architecture, urban planning, interior design, landscape design, graphic design, and product design into a single integrated practice.

Jean Nouvel’s award winning designs and reputation have attracted many prestigious commissions. His portfolio of projects currently in progress includes museums, concert halls, conference centers, theatres, hotels, residential buildings, office buildings, commercial centers, and private residences: 

the Louvre Abu Dhabi (Abu Dhabi);
the National Art Museum Of China NAMOC (Beijing);
the cultural complex The Artists’ Garden (Qingdao);
53W53, informally known as the MoMA Tower (New York);
the European Patent Office(Rijswijk);
the residential towers Le Nouvel (Kuala Lumpur);
Nouvel 18 (Singapore);
le Nouvel Ardmore (Singapore); 
Rosewood (São Paulo);
the office towers La Marseillaise (Marseille);
Duo (Paris) and HEKLA (Paris);
the Tencent Headquarters (Guanzhou);
the Pudong Art Museum (Shanghai);
the hotel and residential tower One Bangkok (Bangkok); and
the Lux Hotel (Chengdu).

AJN’s Board of Executive Directors accompanies the stakeholders of each project throughout the process of conception and realization. The Board includes AJN’s President François Fontès, CEO Frédérique Monjanel, and Deputy Managing Director Diane Clerc.