Global flexible workspace provider IWG has leased over 20,600 sq ft of space at Capitol Singapore, and will launch its premium co-working space brand No18 there. The co-working space will be the brand’s flagship facility in Asia, and its first location in the region, when it commences operations in September this year. The new space in Singapore will be on the second floor of Capitol Singapore and...
Capitol Singapore
The breakdown of a partnership between Capitol Singapore's shareholders has led one of its shareholders, Perennial Real Estate, to apply for the holding companies to be wound up. The three companies - Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management - together hold the assets of Capitol Singapore, an integrated development located at the junction of Stamford Road and...
PERENNIAL Real Estate Holdings (PREHL) has filed applications for the Singapore High Court to wind up three associated companies related to its integrated development, Capitol Singapore at City Hall, due to a deadlock with its partner. The three firms are Capitol Investment Holdings, Capitol Retail Management and Capitol Hotel Management. The applications were made because "the shareholders and...
Some changes could be afoot at Capitol Singapore after it has been hit with a depressed retail environment. Landlord Perennial Real Estate on Friday (Feb 5) said it is looking at ways to help tenants. CEO of Perennial Real Estate Holdings Pua Seck Guan, said: "The retail sector is not easy now, because a lot of retailers are faced with the problem of labour shortage and also in this volatile...
The old Capitol Theatre has just reopened, after a billion-dollar facelift. Along with a retail mall, the development will also include residences and a hotel. Owners of Capitol said they are adopting a strategy of bringing in new-to-market brands, as tenants, to complement its theatre and lifestyle offerings. Japanese apparel retailer, 45r, is among the new names open for business at Capitol Piazza,...
The Land Transport Authority (LTA) announced on Tuesday (May 27) that a new entrance will be built to connect City Hall MRT station to the redeveloped Capitol Singapore via an underpass. The entrance leads to the basement of the retail mall of the new Capitol, billed as Singapore's first luxury integrated development. In addition to the mall, it will have a hotel, residences, and a theatre. The...