1 Changi Business Park Crescent
The asset enhancement work at Changi Business Park Crescent
(Plaza 8) was completed in November 2014. It involved converting
the second level amenity space to business park space which
increases potential income earning capacity of the property.
Corporation Place
At Corporation Place, the Manager upgraded all lifts and toilets,
created extended lobbies and improved the physical connectivity
between all lobbies to improve marketability of the property. The
upgrade was completed in August 2014.
LogisTech
The Manager completed a new two-storey air-conditioned
warehouse annex block of 3,370 sqm at LogisTech to capitalise
on the strong demand for such space in the eastern part of
Singapore. This maximised the plot ratio from 1.16 times to
1.25 times. The work was completed in August 2014 and the
new area has been fully leased.
Techquest
Techquest is one of six A-REIT properties in International
Business Park. The asset enhancement works improved building
efficiency and specifications through reconfiguration of floor
layout and upgrading of façade, restrooms and the lobby to
improve marketability. The asset enhancement was completed
in July 2014.
5 Toh Guan Road East
5 Toh Guan Road East was converted to a multi-tenant property
in January 2013. The asset enhancement involved upgrading of
lifts and subdivision of units to enhance marketability. The asset
enhancement was completed in June 2014.
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