Suntec

BASF selling five office floors at Suntec Tower One for S$129.3m

FIVE office floors in Suntec Tower One are changing hands for a total sum of S$129.3 million, which works out to S$2,400 per square foot on strata area of 53,863 sq ft, based on caveats data. The five floors - Levels 24, 25, 34, 35 and 36 - are being sold by BASF South East Asia, a part of German chemicals giant BASF, which currently occupies the space. The floors are being bought by companies which...

Suntec hopes makeover brings new lease of life

The managers of Suntec City are optimistic that the mixed-use development will be well-positioned for its next phase of growth once it completes a makeover that will strengthen the fashion, entertainment and food & beverage offerings at its mall. This will create a better mix of tenants that will attract more foot traffic and help the development unlock new business value through higher rental income,...

City Harvest Church increases stake in Suntec Singapore

The City Harvest Church (CHC) has raised its shareholding in Suntec Singapore International Convention and Exhibition Centre to 39.2 per cent. Executive pastor Aries Zulkarnain made the announcement at a service on Saturday. In 2010, the church, through its wholly-owned subsidiary, Urban Property Investments Limited acquired 20 per cent effective shareholding for an aggregate purchase price of S$43.75...

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