MANAGER’S REPORT
ASSET ENHANCEMENT INITIATIVES – ON-GOING
2 Senoko South Road
Well-located within JTC Corporation’s designated Food Zone
in Senoko area, 2 Senoko South Road was converted from
the existing single-tenant food factory into a multi-tenant
light industrial food building. The proposed works involved
the reconfiguration of floor layout, installation of mechanical
ventilation for sub-divided units, new loading/unloading bays,
new cargo lifts, toilets etc. Post-enhancement, 2 Senoko South
Road will be well positioned to cater to tenants looking for units
with good specifications for their food production, processing,
storage and central kitchen activities. The enhancement was
completed in April 2016 (FY16/17).
The Kendall
The Kendall is a six-storey multi-tenant
building located within the Singapore
Science Park II. The enhancement
work involves upgrading the building
facade and restrooms to improve
tenant’s experience and improve the
marketability of the building. The
enhancement works are expected to
complete within 3Q 2016.
Acer Building
Acer Building is well-located within International Business
Park and Jurong Lake District, which has been earmarked as
a major regional centre in the western part of Singapore. The
enhancement works will improve and upgrade existing building
specifications. Restrooms, corridors, lift lobbies and lift interiors
will be upgraded and a covered link way will be built to improve
accessibility to the nearest bus stop. The facade of the building
will also be enhanced to allow more natural lighting into the
building and a new central drop-off will improve our tenants’
experience. The enhancement works are expected to complete
within 2Q 2016.
The Aries
Located in Singapore Science Park II,
The Aries is a four-storey multi-tenant
building housing several tenants in
the research and development sector.
The enhancement works include
improving the internal finishes such
as light fittings and lift modernisation,
upgrading restrooms and lift lobbies
and repainting of the facade. The
enhancement works are expected to
complete within 4Q 2016.
AzkoNobel House
AkzoNobel House is a six-storey business
park building located within Changi
Business Park. The objectives of the
enhancement are to improvemarketability
of the space and tenant’s experience.
Some areas within the building will be
reconfigured to introduce natural lighting
whilst restrooms, lift lobbies and the main
lobby will be upgraded. Connectivity
will also be improved by creating a
sheltered walkway from the building to
the Park’s existing sheltered walkway.
The enhancement works are expected to
complete within 4Q 2016.
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A-REIT ANNUAL REPORT
2015/2016
