Ascendas Real Estate Investment Trust (A-REIT) is buying a business park building in Jurong for S$246.8 million. The property at 31 International Business Park is currently owned by multimedia firm Creative Technology. It has a gross floor area of about 62,000 square metres and a net lettable area of some 50,000 square metres. It includes three office towers, an auditorium and a 2,000-capacity outdoor...
International Business Park
BBR Holdings has won a S$95 million contract to build two office tower blocks at the International Business Park in Jurong East. Piling works will begin next month and the project is expected to be completed by August next year. The latest award from Ascendas adds to BBR's current order book of nearly S$423 million. The project will feature two 12-storey tower blocks linked by a sky-bridge at the 10th...