CapitaGreen

CapitaLand Commercial Trust to buy remaining 60% stake in CapitaGreen for S$393m

CapitaLand Commercial Trust (CCT), Singapore’s largest office real estate investment trust, will acquire the remaining 60 per cent stake it does not own in the CapitaGreen office tower for S$393 million. CCT will buy a 50 per cent share from CapitaLand group and another 10 per cent share from Mitsubishi Estate Asia, the company said in a filing to the Singapore Exchange on Monday (May 23). The...

Lloyd’s opens new, bigger office in CapitaGreen

Insurance giant Lloyd's on Wednesday (Nov 4) opened its new, bigger office in CapitaGreen, as it looks to expand its presence and tap regional growth. Lloyd’s has been operating in Singapore since 1999. It has grown to 20 service companies with 24 syndicates and more than 380 employees, making it Lloyd's largest hub outside London. Lloyd's chief executive officer Inga Beale, who was in Singapore to...

40-storey CapitaGreen office development officially opens

CapitaLand's new office development in the Central Business District, CapitaGreen, officially opened on Wednesday (Sep 9), after the 40-storey premium Grade A office building was completed in December last year. With a focus on sustainable development, CapitaGreen has features such as a green facade covered by living plants, and a rooftop wind scoop, which contributes to cooling the building naturally....

One-fifth of CapitaGreen leased ahead of completion

The upcoming CapitaGreen, a Grade A office building at Market Street, has secured leasing pre-commitments for 21 per cent of its net lettable area, joint developer CapitaCommercial Trust (CCT) said on Wednesday (July 2). About 150,800 sq ft of the 40-storey building’s total net lettable area of 700,000 sq ft has been committed, CCT said. The tenants include multinational firms such as commodities...

New office tower at site of former Market Street Car Park

A billion-dollar office block is being erected at the site of Market Street Car Park in Singapore's financial district. As the market for prime-grade office space is softening, property analysts are wary that the developers may not achieve the rentals they are seeking. Property group CapitaLand, together with CapitaCommercial Trust (CCT) and Mitsubishi Estate Asia (MEA), will jointly develop the former...

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