Lend Lease

Jurong area to offer more retail options

The retail scene in the Jurong Gateway area is set to become more vibrant with the addition of Jem, developed by Lend Lease. Many expect its retail traffic to be supported by the heavy concentration of people living and working in the west. Suburban malls have always been a bit dowdy compared to the fancier malls in the city. But with Singapore growing rapidly, the retail landscape is also changing. The...

URA awards tender for white site at Jurong Gateway Road

The Urban Redevelopment Authority (URA) has awarded the tender for the white site at Jurong Gateway Road to Lend Lease Retail Investments 3 and Lend Lease Commercial Investments. The company submitted the highest bid of S$748.9 million for the site. The site can be developed for commercial, residential or hotel use. It has a site area of 19,124.5 square metres, and a maximum gross floor area of 107,098...

Lend Lease puts in top bid of nearly S$749m for white site at Jurong

Australian property firm Lend Lease has put in the top bid of S$748.89 million for a mixed-use white site at Jurong Gateway Road. The tender price translates to about S$650 per square foot per plot ratio. The second highest bid of S$728.80 million came from Energy Trustee. Qingdao Construction put in the lowest bid of S$418 million. All in, there were six bids for the site put up for tender by the...

Lend Lease exploring more investment opportunities in Singapore

International property firm Lend Lease is hoping to expand its footprint in Asia. The company said its three-month old mall, 313@Somerset in Singapore, has done better than expected, and the firm is eyeing more investment opportunities in the city state over the next 12 months. 2010 started off on a high note for 313@Somerset, one of three new malls along Orchard Road. The other two malls are...

New foreign brands to set up shop at 313@Somerset in 2009

Some popular international brands will come to Singapore by the end of 2009 when 313@Somerset opens its doors to shoppers for the first time. The new mall opposite Centrepoint is being developed by Australia's Lend Lease, which had put in a record bid for the site. Now, six months into its leasing campaign, Lend Lease said that interest from both local and foreign retailers has been overwhelming. Work is...

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