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MICA (P) 113/09/2009
Kuala Lumpur has a new mark
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Kuala Lumpur has a new mark Investment Residential Business Space Consulting Auction Resale & Hospitality Asia Paciﬁc Highlights South East Asia Highlights Events
The Intermark is an integrated development that occupies a two-hectare site in the pivotal commercial area of Jalan Ampang and Jalan Tun Razak, Kuala Lumpur. It comprises Vista Tower, a 62-storey grade-A ofﬁce building; Integra Tower, a 39-storey grade-A ofﬁce building; the hospitality component is named Doubletree by Hilton, a 540room hotel and a retail podium. DTZ has been appointed as the exclusive leasing agent for both ofﬁce and retail space. Poised to reshape the Kuala Lumpur skyline, The Intermark is impressive in both scale and quality. This RM2.2 bil development has set new standards in design quality and ﬁnish. The Intermark offers assurance in the form of MGPA, its development manager. World-class and sustainable building standards, quality and service are associated with its name. Its prime location in the city centre offers excellent accessibility. In addition to direct access onto Jalan Tun Razak, it has quick access to three major highwaysAmpang Elevated Highway, DUKE and MRR2. The Petronas Twin Towers are 800 meters away while covered walkways to buses and LRT stops are a mere 2 minutes walk. Vista Tower offers 555,000 sq ft of ofﬁce space spread over 50 ﬂoors. It also features a double-height grand ofﬁce lobby complete with concierge services, computerised lift system and programmable LCD corporate directory. Its security system has 24-hour CCTV surveillance, card activated speed gates and elevators that provide maximum business security at all times.
The Intermark bears strong testimony to the meticulous attention to detail and project management skills of the international team behind its conception and development
Brisco Fan, Project Director of The Intermark
The tower also offers spectacular views of Kuala Lumpur and its surrounding greenery. The Integra Tower has a total net area of 736, 000 sq ft. At an average of 25,000 sq ft per ﬂoor, it offers one of the largest ﬂoor plates in Kuala Lumpur’s Central Business District. The spaces are column free, offering maximum efﬁciency and ﬂexibility. In addition to magniﬁcent views of the city, the double-glazed windows help maintain the indoor temperature while still allowing natural light in, hence reducing energy consumption on air conditioning and lighting. The retail podium, complete with roof pavilion is set to proﬁt from a potential 15,000 patrons working at the Intermark and another 150,000 who work and live around the area. An eclectic range of F&B, retail and corporate services will meet the needs of these discerning customers. The Doubletree by Hilton provides ideal accommodation for the business traveller. Its 540rooms and suites will provide luxurious space. Its meeting facilities will complement the ofﬁce towers with a variety of meeting options and needs. The Doubletree brand has its roots in Scottsdale, Arizona where it ﬁrst opened in 1969 and it will bring a wealth of experience and know-how to the hospitality sector of The Intermark.
Top: Seascape Left: MassMutual Mercuries Life Building Right: Robinson Point
Upon its scheduled completion by 2012. a global provider of banking. Through its network of ofﬁces across Asia and Europe.” 3 “The Executive Lifestyle retail podium will feature an opportunity for retailers who are looking for a signature address at a quality development in the . industrial. advisory. “DTZ is indeed proud to be appointed as the exclusive Leasing Agents for this prime ofﬁce and retail development. world-class accommodation of choice to the business community in Kuala Lumpur. retail and hotel development by MGPA will establish and offer international standard.” said Ungku Suseela. Executive Chairman of DTZ SEA. DTZ Regional Head of Retail. residential and hotel sectors. joint-ventures and real estate companies in the ofﬁce.” commented Edmund Tie. retail and hotel development by MGPA will establish and offer international standard.” Brisco Fan. MGPA is owned by its senior management team and the Macquarie Group.South East Asia Highlights Kuala Lumpur has a new mark MGPA is an independently managed private equity real estate investment advisory company focused on real estate investment in Asia and Europe. world-class accommodation of choice to the business community in Kuala Lumpur. Executive Chairman of DTZ SEA. functional design and extensive facilities will further enhance the city’s attraction as a regional business hub and its CBD skyline. city centre. MGPA currently manages US$10 bil in assets throughout these two regions. Its managed investments include development and redevelopment projects. listed in Australia. Its distinctive architectural form. functional design and extensive facilities will further enhance the city’s attraction as a regional business hub and its CBD skyline Edmund Tie. “The Intermark bears strong testimony to the meticulous attention to detail and project management skills of the international team behind its conception and development. Project Director of The Intermark noted. Executive Director added. investment and funds management services. ﬁnancial. retail. “Upon its scheduled completion by 2012. Chua Wei Lin. The Intermark’s integrated ofﬁce. Its distinctive architectural form. The Intermark’s integrated ofﬁce. SEA.
2009 on behalf of institutional and private investors. Macly. Located along Robinson Road in the heart of the Central Business District. Marina House Sold for $148 million DTZ recently concluded the sale of Marina House at 70 Shenton Way to a consortium comprising Roxy-Paciﬁc Holdings.691 sq ft. 4 . now 2 Havelock Road and a row of conservation shophouses at Murray Terrace. Macly Capital. an architect with more than 20 years’ experience. has been involved in several joint developments with Fission. ﬁrst storey commercial and a basement carpark. Hong Leong Holdings owned the property which comprises a 17-storey ofﬁce tower and a 4-storey podium.736 sq ft and gross ﬂoor area of about 199. Pinnacle Assets. and their acquisitions in Singapore include the former Apollo Centre. The buyers plan to convert the development into a 42-storey residential block of apartments with shops on the ﬁrst storey. Chee Hsian Sing. the site is zoned ‘Commercial’ at plot ratio 8.3 million for Robinson Point In January 2010. Its afﬁliates manage more than US$42 bil of real estate assets and securities as at December 31. DTZ successfully brokered the sale of Robinson Point to US property fund manager AEW at $203. Keppel Road and the Ayer Rajah Expressway.4+ and 35-storey maximum height control.111 sq ft. AEW was founded in 1981 and headquartered in Boston. Provisional Permission was granted by the URA for an erection of a 42-storey residential apartment with seven-storey podium carpark. This works out to approximately $1. Roxy-Paciﬁc owns Grand Mercure in Marine Parade and had developed numerous boutique condominiums in the East Coast. freehold commercial building. with typical ﬂoor plate of about 8. It has a site area of approximately 19. the building is a short walk to Rafﬂes Place Interchange MRT Station. banks. Pinnacle and Fission are also boutique developers with projects such as Thomson V in Upper Thomson. the site is zoned for commercial use with an 11.139 sq ft.2+ plot ratio and 35storey maximum height control. Under Master Plan 2008.500 per sq ft based on net lettable area of about 133. F&B outlets. Under Master Plan 2008.Investment Left: Robinson Point Right: Marina House DTZ Investment Team has successfully transacted sales worth more than $500 mil in some transactions that are highlighted here $203. It has a site area of approximately 15. RV Edge at River Valley and Alexis in Alexandra Road respectively under their belts. hotels and other amenities. The group set up ofﬁce here in April 2007. Robinson Point is a 21-storey.3 mil. In February 2010. off Maxwell Road. It is within close proximity to the Tanjong Pagar MRT Station and enjoys excellent accessibility via Shenton Way. Marina House is located in the Central Business District with prominent frontage along Shenton Way. Fission Holdings and architect Chee Hsian Sing at $148 mil.191 sq ft.
The purchase comprises two retail units on the ground ﬂoor and 58 ofﬁce units on the upper ﬂoors with total strata area of approximately 38. it is zoned ‘Commercial’ within the Boat Quay Conservation Area. It is ﬁve minutes walk to 5 . a private school which currently operates out of two campuses in Singapore.273 sq ft. a library. Middle Road. It has a total floor area of about 12.2 million for Ofﬁce Chamber Ofﬁce Chamber. According to the 2008 Master Plan. Boon Building Sold for $11 million The 999-year leasehold property sits on a site area of approximately 2. The 999-year leasehold property is prominently located along North Bridge Road. Rochor Road. The area is well served by public transportation and the Bugis MRT Station is a short walk away. Boat Quay and Clarke Quay. one at River Valley and the other at Robinson Centre.194 per sq ft based on strata area. Under Master Plan 2008. Rafﬂes Place and Clarke Quay MRT Stations are also within walking distance. directly across the road from Bugis Junction and Inter Continental Hotel. along Kitchener Road and Jalan Besar. the site is zoned ‘Commercial’ at plot ratio 3. The building enjoys dual frontage. The freehold building has a site area of approximately 4. the Farrer Park MRT Station and within close proximity to City Square Mall. a student rest area and a recreation area.858 sq ft and gross ﬂoor area of about 22.000 sq ft.2 mil or about $940 per sq ft on the estimated net ﬂoor area to a local investment company. Bras Basah Road. a six-storey commercial building owned by City Development Limited was recently sold for $13.534 sq ft.Investment Left: Strata units in North Bridge Commercial Complex Right: Ofﬁce Chamber Bottom: Boon Building Strata Units at North Bridge Commercial Complex Sold for $46 million ERC Holdings acquired 60 strata units in North Bridge Commercial Complex from City Developments for $46 mil or about $1. A ﬂoor at the renovated North Bridge Commercial Complex would also house the corporate ofﬁce of ERC Holdings. with numerous restaurants. Nicoll Highway and East Coast Parkway. ERC Holdings plans to spend between $3.0 and six-storey maximum height control.5 mil to $5 mil to renovate the property and some facilities in the plans include 30 to 40 state-of-the-art classrooms.339 sq ft. North Bridge Commercial Complex is well connected via major roads such as North Bridge Road. ERC Holdings owns ERC Institute. North Bridge Road and the Central Expressway. pubs and other entertainment venues create a lively and vibrant nightlife in the vicinity. The six-storey conserved building is easily accessible by both public and private transportation. It enjoys excellent connectivity via South Bridge Road. $13. cafes serving a range of cuisines.
The development is jointly developed by The Ho Bee Group and IOI Properties. The Ho Bee Group. which has won the much coveted MIPIM Asia Awards for architectural excellence. Seascape is within minutes from Resorts World at Sentosa with its ﬁne mix of casino. integrated wine 6 cellar. coffee maker. gymnasium and extensive water features. Inspired by Sentosa Cove’s nautical theme. conventional oven. the condominium. . IOI Properties has been hailed as one of Malaysia’s most accomplished and reputable developers. DTZ is the appointed Joint Marketing Agent for this exclusive development. a clubhouse. offering unparalleled views of the sea and the southern islands. The development offers various options for the home buyer with apartment sizes ranging from a 2. the award-winning IOI Properties makes the perfect partner in this joint project that is set to redeﬁne luxury living. Its treasury of homes in Sentosa Cove has since grown to include another bungalow development.164 sq ft three-bedroom apartment to the 9. Its pursuit of excellence has seen it creating distinctive lifestyles of ﬁnesse for the distinguished and building sanctuaries for the discerning. The Berth by the Cove. and its recent addition. spectacular waterfront location. and the ﬁrst integrated bungalow development. Turquoise. well-known as an exceptional developer has made Sentosa its ﬁne showcase of quality luxury homes. refrigerator and dishwasher by Miele. The Central Business District and the shopping belt of Orchard Road are also just minutes drive away.655 sq ft size Sea Villa. shopping and spa options. theme parks and hotels. The Berthside.Residential Seascape – An Escapade to Luxury at Sentosa Cove Boasting the most exclusive and privileged address in Singapore. the development’s architectural design boasts a collaborative piece of art featuring ship architecture. Besides its unrivalled. The Coast. The penthouses are sprinkled with touches of luxury including a private pool that hugs the living and dining space with generous room for lounging. The 99-year leasehold development comprises a total of 151 units housed within two 8-storey blocks. With its excellent track record of creating high quality homes featuring innovative and impressive designs. Each apartment comes complete with a gourmet kitchen system by Varrena Poliform. with each unit bearing large balconies taking the form of hulls of a majestic vessel. which includes a built-in steam oven. Coral Island. coupled with the ONEº15 Marina Club and a host of dining. Residents of Seascape will enjoy privileged access and beneﬁts of condominium facilities including concierge services. Ho Bee is proud to have presented a series of ﬁrsts in this world-class waterfront district: the very ﬁrst condominium. the ﬁrst terrace houses. Seascape offers the ultimate in waterfront living virtually at one’s doorstep. Seascape is the epitome of luxurious living with unblocked views of the sea. Located in the privileged enclave of Sentosa. Paradise Island.
Bukit Sembawang has been building some of Singapore’s most established residential developments. Tao Nan School. The developer. Designed to resemble a resort paradise. CHIJ Katong Convent. The Siglap neighbourhood is a highly popular residential estate. each apartment comes with a private lift lobby. lounge gazebos. Comprising two 23-storey tower blocks.building homes for every generation. 4-bedroom apartments and penthouses. Paterson Suites is also minutes walk to Overseas Family School. Ideally located along Orchard Road. The large site area of approximately 335. off East Coast Road. children’s splash pool. These “crystal-like” features lean and bend as the tower rises providing a modern and iconic impression.Residential Paterson Suites – Home in the Heart of the City Paterson Suites is one of the most prestigious addresses near the pulsating heart of Orchard Road in Singapore. children’s play area. A variety of apartment layouts is available for residents. well-known eating spots and restaurants abound the neighbourhood. The low density area is surrounded by the prestigious Siglap. Paterson Suites boasts close proximity to the main shopping belt which hosts an exciting array of shopping. dining pavilions. sun deck. A key feature in the development is the majestic skybridge towering over 11 metres in height topped off with a cascading waterfall. tennis court. The freehold development comprises of six buildings housing a total of 393 units. entertainment and ﬁne dining establishments. Known as the foodies’ paradise. Their unwavering commitment has won them numerous accolades and awards through the years. Flamingo Valley – The Jewel of the East Frasers Centrepoint Limited (FCL) has launched its latest development located at the east coast of Singapore – Flamingo Valley for sale. There is convenient highway access to the East Coast Parkway and Pan-Island Expressways. function room. The freehold development is expected to obtain its Temporary Occupancy Permit by middle of 2010. As one of Singapore’s pioneers in residential property development. gymnasium. spacious interior layout and designer-brand ﬁttings – a true mark of prestige and quality. which will allow buyers to move in by third quarter of 2010. Other recreational facilities within the magniﬁcently landscaped compound include a 50-metre lap pool. jogging track and themed gardens. a Teppanyaki Pavilion for mini parties and a sauna and steam room for some quiet. range from 1-bedroom with study. For over 60 years. 3-.and 4-bedroom apartments while the pentsuites range between 4. making it an excellent investment for foreigners wishing to consider Singapore home. tennis court.800 sq ft and 6. a fullyequipped gymnasium. children’s playground. Frankel and Opera landed estate and holds a wealth of amenities in close proximity. The site is easily accessible from Siglap Road. barbecue patio. barbecue area and landscape pavilions. therapeutic moments. Residents can indulge in a novel suite of facilities thoughtfully designed for the discerning which includes a generous lawn for private social functions. Bukit Sembawang Estates is a public-listed company since 1968. the development in district 15 aims to replicate a sanctuary of tranquility.418 sq ft development comes complete with full condominium facilities including a 50-metre lap pool.600 sq ft. the architecture expresses a series of bay windows and “sculptural balconies” that are clad with clear glass. 7 . spa pools. Popular schools in the vicinity include St Stephen’s Primary School. With only 102 luxurious units. Victoria School and Victoria Junior College. Sizes range between 1. they have established a reputation as a trusted developer of ﬁne quality homes with great value . DTZ is the appointed Joint Marketing Agent.200 sq ft for 3. outdoor ﬁtness area.700 sq ft and 2. karaoke and games rooms. DTZ is the appointed Sole Marketing Agent. 2-.
dining and entertainment amenities including the upcoming Nex Shopping Mall. barbeque area.152 sq ft in size. Accessibility is also enhanced by its close proximity to the Serangoon MRT Hub (which serves as an interchange for the Northeast and Circle Lines) and the major expressways such as Central Expressway and Kallang-Paya Lebar Expressway. Serangoon Junior College. 3. Parkway Parade and Roxy Square are located within minutes drive from the development. a freehold private residential development that GuocoLand has unveiled. Another excellent selection is the specially designed ground ﬂoor units that come with private pools or penthouses that serve with direct lift access to the roof garden for those who enjoy special moments with their loved ones and friends. The suites range in size from 334 sq ft to 527 sq ft. Located at the junction of Changi Road and Still Road. DTZ is the appointed Sole Marketing Agent. Established schools such as Rosyth School.Residential The Waterline – A Place To Call Your Own DTZ is the appointed Marketing Agent for The Waterline.and 4-bedroom apartments. The Waterline offers 103 cosy units with a good mix of 1-. houses 44 units of residential apartments. Well-known schools are also located in the vicinity including Tao Nan School and Convent of the Holy Infant Jesus (Katong). Recreational facilities include a swimming pool. children’s playground and an outdoor ﬁtness area. The Waterline is in close proximity to shopping. Montfort Secondary School. Hougang Mall and Hougang Point. Sizes of the apartments range from 409 to 1. namely studio apartments. Suites @ Changi – the residential component. Fragrance Group Limited is a main board public-listed company that focuses on providing quality and freehold residential properties at affordable prices. with retail and shops at basement one and the ﬁrst storey. 8 . Lycee Francais de Singapour (French International School) and The Australian International School Singapore are also nearby. 1-bedroom apartments and 2bedroom penthouses. Temporary occupancy permit for the development is expected to be end of 2013. 2-. They have since successfully launched more than 60 projects. the development is minutes walk to Eunos MRT Station. Icon @ Changi is the ofﬁce tower which comprises 44 ofﬁces. both landed and apartments. Suites & Icon @ Changi The Fragrance Group has launched a freehold integrated ﬁve-storey residential cum commercial development along Changi Road.
Gary Addison. With the ﬁrm’s steady growth. DTZ was again engaged to assist with Actis’s real estate requirement. With over 100 investment professionals in 9 ofﬁces throughout Africa. DTZ understood our changing requirements as an organisation and found us new premises quickly and efﬁciently thus tailoring a solution to ﬁt our needs Gary Addison. when DTZ assisted the ﬁrm in securing their previous ofﬁce premises at 55 Market Street. you look forward to going to work each day.1 bil in the emerging markets. Latin America. Partner commented. ﬁnancial services. China. infrastructure and real estate. In the last decade alone. strategic location. This time Actis sought DTZ’s help in exploring potential relocation options within the ﬁnancial cluster in Rafﬂes Place to accommodate their expansion requirements in 2010. Actis has invested up to US$3. DTZ understood our changing requirements as an organisation and found us new premises quickly and efﬁciently thus tailoring a solution to ﬁt our needs. space efﬁciency and cost effectiveness was found at 16 Collyer Quay. When you work in an ofﬁce which is spacious and welcoming and based in a great location. DTZ then embarked on an aggressive negotiation process.” Actis is a leading private equity investor with a 60-year history of investing exclusively in emerging markets. successfully concluding the negotiation and securing a highly competitive rental package for Actis well ahead of the ﬁrm’s lease expiry at their previous ofﬁce.Business Space Images courtesy of Kyoob-ID ACTIS DTZ’s relationship with Actis began in 2007.8 bil funds under management. Actis has US$4. “When you work in an ofﬁce which is spacious and welcoming and based in a great location. Partner 9 . consumer. you look forward to going to work each day. Actis offers funding solutions for companies’ buyout and growth transactions working across six sectors: business services. industrials. South and South East Asia. An extensive exploration of ofﬁce premises was conducted before the balance between corporate image.
As a result of its signiﬁcant business growth. Intensive site viewings and negotiations ensued leading to the ﬁrm’s unanimous decision on Ocean Financial Centre. In 2010. and enabled us to secure the best possible deal for our ﬁrm Yap Lian Seng. mergers and acquisitions and banking and ﬁnance. Ocean Financial Centre was chosen as Stamford Law valued its premier quality. It helped us to time and strategise our negotiations with the potential landlords. Director at Stamford Law Corporation said. Director at Stamford Law Corporation DTZ conducted a thorough survey of space opportunities in both its existing and new ofﬁce buildings in Rafﬂes Place.Business Space Stamford Law Corporation (SLC) Stamford Law Corporation (SLC) is a specialist corporate law ﬁrm that focuses on corporate ﬁnance.000 sq ft. it has grown from a boutique law ﬁrm into a multi-award winning practice. It helped us to time and strategise our negotiations with the potential landlords. Yap Lian Seng. “DTZ has provided great advice and support in our search for our premises.” 10 . and enabled us to secure the best possible deal for our ﬁrm. Since its inception in 2000. It is also located in the heart of Rafﬂes Place and affords spectacular views of the Marina Bay and the new Marina Sands Integrated Resort. It must also command panoramic all round views. The ﬁrm also emphasised that the building must be of premium quality with a strong corporate identity. DTZ has provided great advice and support in our search for our premises. the ﬁrm has doubled its space needs and tasked DTZ to source for alternative ofﬁce premises with a large ﬂoor plate of a minimum of 22. the ﬁrm won the award as the “Banking & Finance Law Firm of the Year” by Corporate INTL Magazine Global Awards 2010. its design efﬁciency and excellent technical and innovative green features. similar to its present premises. The survey showed that six properties would meet most of the criterion set by Stamford Law.
“We had been in search of appropriate premises within Singapore for some time.Business Space Regus Founded in 1989. Development Director (ANZ and SEA) of Regus Together with Regus.000 business centres across 450 cities in 75 countries. effectiveness in site seeking and negotiations assisted Herbalife in concluding their search at TripleOne Somerset in a very short time. speed.” 11 . nutrition. This will be Regus’s fourth business centre and it will open for business in August 2010. As all three centres were enjoying healthy occupancy and there was growing demand for its serviced ofﬁces. We had been in search of appropriate premises within Singapore for some time. and personal care products intended to support a healthy active life. Development Director (ANZ and SEA) of Regus commented. Herbalife Herbalife was searching for larger premises of 10. One Rafﬂes Place was the standout option and we have since gone on to secure the premises through the tireless efforts of the DTZ team. One Fullerton and Centennial Tower. Regus is extremely happy with its latest acquisition as it commands a panoramic sea and city view and is strategically located in the heart of Rafﬂes Place. Herbalife is pleased with their new premises as it is centrally located in the heart of Orchard Road – which provides great synergy to the ﬁrm’s nature of business.1 million independent distributors. Regus urgently needed to acquire another strategically located premises within a six-month time frame. It required a new ofﬁce at an attractive price in a convenient and accessible location with good pedestrian trafﬁc. Herbalife products are sold in 73 countries through a network of approximately 2. When DTZ’s Cheng Siow Ying and Jeryl Teoh presented a number of options which met our criteria. In Singapore. The search was time critical as Herbalife needed to commence its business operations in the new premises in less than ﬁve months. DTZ underwent a rigorous search for the ideal premises that must be of grade-A quality with a strong corporate image in an established business location. Regus’s business centres are located in prime grade-A buildings in the Rafﬂes Place and Marina Centre vicinity viz UOB Plaza 1. DTZ expeditiously explored all options and worked closely with Herbalife in carrying out detailed due diligence for the shortlisted options. It must also be able to satisfy Regus’s stringent rental criterion and exclusivity rights. When DTZ’s Cheng Siow Ying and Jeryl Teoh presented a number of options which met our criteria. Herbalife is a global network marketing company that sells weightmanagement. DTZ’s extensive market knowledge. Regus has since grown from a single business centre in Brussels to become the world’s largest serviced ofﬁce provider with over 1. DTZ’s in-depth market knowledge and quick time delivery enabled Regus to secure the last remaining ﬂoor in One Rafﬂes Place Tower One despite intense competition from other parties for the same premises. The added challenge to the assignment was that there were then very few options that could fulﬁll the ﬁrm’s expectations.000 sq ft to accommodate its expansion needs. Piers Kennard. the spanking new premises with its excellent natural lighting provides a refreshing and conducive working environment for its staff. The new premises must also be able to meet Herbalife’s exacting technical requirements and fundamentally be situated in close proximity to retail amenities for the beneﬁt of its employees and customers. In addition. preferably in Orchard Road and with direct access to the MRT and public transportation. One Rafﬂes Place was the standout option and we have since gone on to secure the premises through the tireless efforts of the DTZ team Piers Kennard.
In the negotiations with the landlord of Alexandra Technopark. DTZ is the Sole Marketing Agent for The JTC Summit. fitness club and recreation lounge as well as 24-hour security complete the perfect environment for work-play balance. With its strategic central location in the upcoming Jurong Lake District and easy accessibility to the industrial clusters in Jurong and Tuas. The JTC Summit offers seamless connectivity to the island-wide public transport system.” 12 . DTZ also provided the relevant cost data required for Sybase’s financial modelling in support of the decision-making process. They conducted the proceedings with professionalism and dedication and delivered results beyond my expectations Ernie Piccone. Singapore. Occupiers enjoy a diverse selection of banking. Director of Real Estate & Facilities at Sybase DTZ provided Sybase with market due diligence in 2008 when Sybase was reviewing market opportunities for its expansion plans. Ernie Piccone. in-house amenities such as a 300-pax auditorium. Completed in June 2000. the building is the ideal real estate solution for firms in the engineering and technology-related industries.200 sq ft typical floor area enables efficient layout and flexibility in subdivision to smaller units. It is also well-served by the Pan Island Expressway and the Ayer Rajah Expressway. The column-free 15. analyse and mobilise information. IMM and JCube. it is home to the JTC headquarters and key tenants include EDG Inc. penthouse. DTZ leveraged competitive offers from other landlords and highlighted the risks of large pipeline supplies in the market to drive through the importance of tenant retention. particularly those looking to set up their corporate headquarters in Singapore. DTZ developed a project timeline with Sybase to take advantage of market trends and opportunities. Director of Real Estate & Facilities at Sybase said. Sybase has a global relationship with DTZ which is managed by Global Corporate Services Client Account Manager John Broadhead out of United States. The DTZ team of Angela Tan and Sharon Teo displayed strong market knowledge and connections. MindChamps PreSchool and Panasonic Trading Pte Ltd. proven in the most data-intensive industries and across all major systems.000 sq ft lease was successfully renewed at very competitive financial terms. Immediate occupation is offered. It is recognised globally as a performance leader. Sybase leads the industry in delivering enterprise software to manage. all within walking distance or via free shuttle services. DTZ was again re-appointed in 2009 to represent Sybase in its lease renewal exercise in Alexandra Technopark. All units at The JTC Summit come with raised flooring and integrated ceiling works. Located opposite the Jurong East MRT and Bus Interchange. food and retail amenities in Jurong East Central. networks and devices. “The DTZ team of Angela Tan and Sharon Teo displayed strong market knowledge and connections.Business Space Sybase Sybase has a rich history of over 25 years in developing innovative database technology. The JTC Summit The JTC Summit is a 32-storey landmark office building in the heart of Jurong Regional Centre. the upcoming retail development by CapitaMall. Today. providing access to the Central Business District in minutes. In addition. They conducted the proceedings with professionalism and dedication and delivered results beyond my expectations. The 40. Various business parks and high-tech developments were reviewed against the option of renewing.
we are extremely delighted with the level of professionalism provided by Sharon Teo and Jeryl Teoh of DTZ and certainly look forward to working with DTZ again in the near future. Upon Vodafone’s shortlist. including the negotiation process which made our relocation process a breeze. was looking to set up a new ofﬁce for the ﬁrst time in Singapore. DTZ conducted a comprehensive review of market options including the alternative of short term serviced ofﬁces. 13 . “DTZ has managed to deliver in spite of our extremely tight timeline and urgent requirement. Malaysia. Tuas Connection was selected as the choice accommodation as it fully met TPT’s requirements for a new and modern standalone factory complemented with exacting technical speciﬁcations. Eileen Law. it is in close proximity to Malaysia. which is of paramount importance to TPT. DTZ negotiated aggressively for the client’s ﬁrst choice of Straits Trading Building and achieved below market ﬁnancial terms. the brand new grade-A building offers spectacular views of the new Marina Bay waterfront plus an additional feature of a unique roof garden and provides tenants with conference and meeting facilities at a nominal cost.Business Space TPT Multi-ﬂex Circuits TPT Multi-ﬂex Circuits (TPT). TPT established in 1988. Besides being located conveniently within Rafﬂes Place. recently sold their factory and was dictated by a tight timeline to secure new premises of 35. including a longer than typical ﬁt-out period. The challenge was to deliver this within a very tight timeline in a market with limited availability. including the negotiation process which made our relocation process a breeze. the heart of Singapore’s CBD. Overall. in line with its long term business strategy.000 sq ft. It was also in the process of relocating its manufacturing plant operations to Johor Bahru. Most importantly. Sales Director at TPT Working round the clock with TPT. despite keen competition from other parties for the same space. Overall. DTZ carried out ﬁnancial analysis which showed that a permanent ofﬁce solution offered the lower operating costs in the long run. All our requests were handled professionally. is one of Singapore’s oldest manufacturer of printed circuit boards and leading supplier of Quality Burn-In Boards for the semiconductor industry. This was possible as DTZ worked closely with the client and provided timely and quality advice which enabled the client to make good decisions fast. we are extremely delighted with the level of professionalism provided by Sharon Teo and Jeryl Teoh of DTZ and certainly look forward to working with DTZ again in the near future Eileen Law. Sales Director at TPT said. Vodafone’s requirement was to secure quality space in a prime location at the lowest cost possible. All our requests were handled professionally.” Vodafone Vodafone Global Enterprise Singapore Pte Ltd. a UK-based global client of DTZ. DTZ has managed to deliver in spite of our extremely tight timeline and urgent requirement.
DTZ was appointed as business consultant for the real estate analysis of the proposed Mauritius Airport City (17 ha). ensures that we deliver a master plan that is realistic. determination and hard work of all your staff. professionalism and patience. The objective of the study was to recommend a design brief based on the highest and best use for the master planner. mental strength and capacity of both Ong Choon Fah and Constance Leung. enthusiasm. the Currimjee Jeewanjee Group has businesses in telecommunications. enthusiasm. determination and hard work of all your staff. On behalf of CJ’s board. We are much satisﬁed with the excellent communication and exchange during this challenging exercise and have enjoyed the team work. DTZ Singapore worked with DTZ’s Airport Group. Currimjee Jeewanjee Group was gathered from major stakeholders. I would like to convey our sincere appreciation for the commendable work done especially taking into consideration the paucity of information and statistics prevalent in countries like Mauritius with a nascent real estate sector. “The Currimjee Jeewanjee Group and Surbana are deeply appreciative of DTZ’s technical expertise. is one of the largest conglomerates in Mauritius with its strong foundation laid back in 1890. communication skills. Attention was also paid to ensure that the proposed development . “ever-ready” and “can-do spirit” to “go the extra mile”. Feedback 14 I would like to congratulate DTZ for an excellent market analysis. Based on DTZ’s recommendation on the mix of optimal uses. DTZ also conducted the ﬁnancial feasibility to ensure its viability. “The rigourous process which involves for example.Consulting Mauritius Airport City Conceptual Master Plan Over the years. On behalf of CJ’s board. and DTZ India on the initial research. quality of report.” David Liu. implementable and ﬁnancially sustainable. real estate. Vice President (Urban Planning) of Surbana International Consultants Pte Ltd added. which included international case studies. Surbana developed the conceptual master plan for the airport city. This stems from the growing recognition that physical master planning must be underpinned by a comprehensive understanding of the market dynamics and factors underpinning the demand for the various real estate offerings. adjacent to SSR International Airport. Today. economic and demographic analyses and site analysis. Project Leader. an excellent understanding of the target market. commerce and energy.” is environmentally sustainable and has a positive outcome for villagers living in the area. South-east Asia said. We are much satisﬁed with the excellent communication and exchange during this challenging exercise and have enjoyed the team work Gerard Sanspeur. DTZ Consulting has been involved in many master planning assignments in the region and beyond. lifestyle trends and market readiness. including recommendations on the target markets as well as mix and quantum. including government agencies and potential users on the conceptual plan in Mauritius. This assignment demonstrates DTZ’s ability to assemble teams across geographies and skill lines to ensure that our client receives the best property consultancy worldwide. Currimjee Jeewanjee Group said. Project Leader. Head of Consulting & Research. “I would like to congratulate DTZ for an excellent market analysis. hospitality & tourism. Achieving such an informative and analytical market analysis would not have been possible without the dedication. Achieving such an informative and analytical market analysis would not have been possible without the dedication.” Mauritius Airport City Sept 2009 The Currimjee Jeewanjee Group. Gerard Sanspeur. Surbana International Consultants. Ong Choon Fah. I would like to convey our sincere appreciation for the commendable work done especially taking into consideration the paucity of information and statistics prevalent in countries like Mauritius with a nascent real estate sector.
Holiday Inn Resort and The Regent Chalet on the site. we were able to integrate the best-in-class expertise to support our client. subsequently renamed Sungei Buloh Wetlands Park (SBWP) should be encouraged. Team members completed the assignment with an even greater appreciation of the richness of Singapore’s natural heritage and biodiversity. The objective is to energise the area. Thomas Woon Architect and Strix Wildlife Consultancy. After studying the area. Heng Hua Thong. “By working as one team. 15 .” Sungei Buloh Wetland Reserve and Kranji Nature Trail June 2010 DTZ was appointed by National Parks Board (NParks) as part of the consultant team for the conceptual master planning of Sungei Buloh Wetland Reserve and Kranji Nature Trail. as well as to increase revenue for the site. where the Royal Family’s summer resort is. the Sungei Buloh Master Plan Working Group. while that to Kranji Nature Trail. commented. A market and feasibility study was undertaken. near Hua Hin town. CPG Consultants Pte Ltd. Thailand owns almost 100 ha of land next to Cha-am beach. DTZ was commissioned to conceptualise a master plan to incorporate other potential uses for example residential. Currently. Taking into account the Biodiversity Impact Assessment (BIA). as well as taking into account international examples. hotels. Another key thrust is to strengthen the conservation of its biodiversity. there are two international resort hotels . The site is located 170 km south of Bangkok. especially for Thais. DTZ proposed a concept master plan for the site. Country Head of DTZ Thailand and Project Director.Consulting Resort Development Site at Cha-am. The master plan was the result of working closely with NParks. supported by ancillary facilities and amenities. recreation and entertainment. it was important to integrate both education and play to engage the public and educate them on wetlands. One of the key thrusts of the master plan is to encourage bio learning and to enhance its outdoor learning and education facilities. DTZ Thailand and Singapore worked jointly on this assignment. The business plan focused on ways to encourage visitorship to SBWP. a popular tourist destination. as well as other team members: Atelier Dreiseitl Asia Pte Ltd. especially in the wetlands. As the storyline was “Journey through the Wetlands”. it was proposed that visitorship to the wetland reserve should be managed. given Sungei Buloh Wetland Reserve’s status as an ASEAN Heritage Park and home to a wide variety of biodiversity. the Master Planner. the local property markets. Thailand May 2010 The Regent Group.
Approximately 882 sq ft in size. the freehold apartment is approximately 871 sq ft in size and is sold with vacant possession. The American Club. playground. Novena Square. The immediate vicinity comprises HDB public housing with shops and amenities abound. 7 Ang Mo Kio Ave 9. Paciﬁc Plaza and the Royal Thai Embassy. The commercial podium is on the ﬁrst three ﬂoors of the development while the residential apartments comprise 12 storeys of 24 apartment units.Auction Top left: The Beaumont Bottom left: Far Horizon Gardens Centre: Claymore Plaza Top right: King’s Court Bottom right: Blk 551 Bedok North Avenue 1 145 Devonshire Road. with a remaining lease of 71 years in Far Horizon Gardens is situated at Ang Mo Kio Avenue 9. barbecue pits. swimming pool. #08-02 – SOLD for $1.314 sq ft in size. barbecue area and a squash court. Goldhill Plaza and Farrer Park Swimming Complex.000 At approximately 1.55 million Plaza Blk 551 Bedok North Avenue 1. a private residential development in District 9.000 The subject property is a HDB shop unit with two frontages located on the ﬁrst storey with living quarters on the second storey of a HDB walkup four-storey slab block within Bedok Town neighbourhood. sauna. Recreational facilities within the development include tennis courts. The Beaumont. #01-554 – SOLD for $725. 16 . just diagonally opposite Thomson Medical Centre. the 2-bedroom walk-up apartment.152 sq ft in size. The freehold development comprises 64 units in two apartment blocks. #04-05 – SOLD for $1. clubhouse and a minimart. St Joseph’s Institution. off Orchard and Scotts Road.88 million The subject property is a studio apartment located on level four of The Beaumont. located along Devonshire Road. The one-bedroom apartment is approximately 775 sq ft in size and is sold with tenancy. playground. The facilities within the development includes a swimming and wading pool. 316A Thomson Road – SOLD for $750. Located on the second ﬂoor of a three-storey apartment block known as Eng Aun Mansion. #02-06 – SOLD for $685. Approximately 1. 6 Claymore Hill.76 million Located along Norfolk Road off Keng Lee Road and Carlisle Road.614 sq ft in size. The eight-storey freehold apartment houses 14 units and is close to many educational institutions such as Anglo Chinese Junior School. opposite Somerset MRT Station. King’s Court #05-12 – SOLD for $1. Prominent developments within the vicinity includes The Tanglin Club. Claymore Apartments. 10 Norfolk Road. the property is sold with tenancy. the property with a remaining lease of 69 years is sold with vacant possession. Claymore Plaza Apartment is a 15-storey commercial cum residential freehold development located in District 9 along Claymore Hill. Far Horizon Gardens. the 4+1 bedroom apartment is approximately 2. Amenities within the vicinity include United Square.000 The 2-bedroom apartment is located along Thomson Road.
Pleased with this achievement. not only do we seek to provide lavish living. Individual branches were able to showcase their plans. This has in return distinguished Treetops to be the preferred choice of stay with our guests. but we do not have a choice not to breathe in polluted air. Indoor 17 . Environmental Protection.Resale & Hospitality DTZ Resale The DTZ Resale Team held its annual Branch Forecast event on 26 Jan 2010 at the Rafﬂes Town Club. "I have heard of this statement sometime ago – 'We have a choice not to drink dirty water. as well as the adoption of green building technologies. Mr Tay replied. Complemented with the time and effort put in by the dedicated team of staff working towards a common vision of building an eco-friendly environment for the well being of both guests and staff. Understanding that changes in today’s complex environment has caused a threat to human and our environmental health. a prestigious accolade launched by the Building and Construction Authority (BCA) in Singapore. ﬁxtures of air ﬁlter in each apartment to aid removal of micro particles and bacteria and also ensure an adequate level of oxygen circulated to improve indoor air quality. To qualify for this award. When asked on the motivation to go green at Treetops. Achieving this award demonstrates Treetops' commitment towards enhancing guests’ living experience through eco-friendly initiatives and also to beneﬁt the environment as a whole. is pleased to announce the recent garner of the BCA Green Mark Gold Award. beneﬁcial to our guests and staff and at the same time support the community and environmental objectives. Treetops has since engaged in several environmentally-friendly practices. Reuse and Recycling programme. Tay Hock Soon shared. staff and environment. as well as the unrivalled lush green landscape around Treetops to help relax and rejuvenate senses. Moving ahead. activities and project their fee forecast for the new ﬁnancial year. knowing that their overall well-being is being taken care of as well as that of the environment. all these undertakings thus led to the win of the award. we are also concerned about the interests of our guests.” Through the incorporation of nature into modern urban living. opportunities and direction of the Real Estate market for the coming year among the branch heads. General Manager of Treetops. the adoption of Reduce. plans have been put forward to continue supporting and exploring more green features to inculcate healthy living practices to enhance the living environment and also continue preserving the world’s natural resources for a worthy global cause.” Treetops has edged themselves apart for being not only a leading luxurious service residences of premium hospitality and service excellence. This certiﬁcation aims to promote sustainability in the built environment by incorporating best practices in environmental design and construction. 100% natural ingredients bathroom amenities. with Treetops as the ﬁrst existing building under the service apartment industry category to receive this accolade. such as reducing its electricity consumption on the professional advice of an energy conservation consultant. these led to the inauguration of our Discover Green project in August 2009.' At Treetops. Going green is a lifelong commitment which Treetops recognises as involving much more than what has already been done. reducing the use of chemicals of its cleaning materials and misting treatments. An award ceremony was held recently at the Shangri-La Hotel Singapore. by becoming the ﬁrst serviced residences in Singapore to offer an ingenious style of holistic living experience. “Going back to nature and seeking the purest state of the essential needs in life to improve the living quality of our guests has always been a top priority at Treetops. Fauzia Abd Wahab receiving the award for Treetops Treetops garner BCA Green Mark Gold Award 2010 Treetops Executive Residences. but as one that seeks to play its role of corporate social responsibility. which recognises environmentally friendly buildings. It was a fruitful opportunity to network and discuss about the challenges. Environmental Quality and other Green features and Innovation. companies are assessed over extensive and stringent criteria including Energy and Water Efﬁciency. by going green to achieve positive and sustainable outcomes as well as being beneﬁcial to the environment. an exclusive serviced residences in Singapore managed by DTZ. to celebrate and recognise the winners.
competitors and case analysis. Adopting our advice.729. commented. SEB Asset Management is also one of the leading real estate fund managers in Germany. the DTZ Shanghai investment team has now completed its hat trick for the same buyer for the acquisition of Belgravia Place from Grosvenor and SEB. “To top off this wonderful success.98 to 3. Hat trick by Shanghai investment team After the recent success in assisting the buyer acquire City Apartment and Baccarat Residence from Macquarie and Carlyle respectively. DTZ Taipei Investment team sold MassMutual Mercuries Life Building to Yuanta Asset Management for NT$2.Asia Paciﬁc Highlights Taipei ofﬁce concludes a NT$2.24 pings. the buyer made its ﬁnal decision based on a thorough study of the return prospects of the building carried out by DTZ. .000 sq m of public garden. persuading the landlord to sell the property and arranging for a meeting between the two sides. while SEB is one of the largest ﬁnancial groups in Europe. and overcame a number of issues and obstacles along the negotiation process. DTZ provided suggestions on price negotiation. Grosvenor is the largest private developer in the UK and well known for its rich experience in luxury residential development.3 billion transaction On behalf of Hwa-Hsia Leasing & Financial Corporation.to high-class local Chinese. Senior Manager Johnny Shao and Associate Director Nick Cao were the agents for this deal.07 m. Having a gross ﬂoor area of 4. managing director of Eastern China. delivery handover and market. most sought after by expatriates and middle. each ﬂoor at the ofﬁce premises has a height of 2.3 bil. The total consideration was NT$2. and enjoys stunning views over the ex-French Concession Area and 40. Situated in the business district of Dunbei Minsheng.280 sq m with 120 apartments. ranging in size from 171 sq m to 430 sq m. railways and high-speed railways.” The project sits within the core city centre area. Jim Yip. “We are very pleased to dispose of this project on behalf of both Grosvenor and SEB. especially as we managed to complete the whole transaction in less than three months. Building tenants have easy access to planes.” Vincent Luk. they actively managed to close the gap between buyer and seller. The 31-storey serviced apartment tower has a total gross ﬂoor area of 29. the building is near Taipei SongShan Airport. DTZ introduced the buyer to the landlord and undertook negotiations between the two parties. buses. which was a surge of 21% compared with the initial bid price.3 bil. Together. co-head of China Investment. It’s the third project awarded to the residential sales team after the investment team helped the buyer acquire the properties. 18 the buyer has again awarded sole sales agency status to the DTZ residential sales team for the sale of this masterpiece. commented. joint owners of this prestigious high-rise serviced apartment compound.
combined with retail and an array of related facilities including serviced ofﬁces. Bagmane Developers Pvt Ltd has developed the successful Bagmane Tech Park and the 52 acre World Technology Centre (SEZ campus). one of Bangalore’s most reputed property development ﬁrms. restaurants. spa and club facilities.000 sq ft) and ‘Commerz 2’ in Bagmane Tech Park (240. business centre. at World Technology Centre (720.000 sq ft) are for commercial ofﬁces for Bagmane Developers Pvt Ltd. The development provides suites for small area occupiers. boutique hotel. medical centre. crèche. swimming pool.Asia Paciﬁc Highlights DTZ India’s Project Management Team has won 2 million sq ft of base build instruction since the New Year DTZ’s Project Management Services team in India won three major client instructions in ﬁrst quarter of 2010. The ﬁrst is a project and construction management mandate for a one million sq ft mixed use highend commercial development for Marvel Realtors in Pune. Top: Bagmane Commerz 2 Bottom: Marvel Edge 19 . The other two instructions.
are quite homogeneous. Sunrise Executive Chairman said. chefowned restaurants. Malaysia – Publika is Creative Retail DTZ Retail team in KL embarked on an interesting retail project almost 2 years ago when approached by listed developer Sunrise Berhad to consult on the retail component of its RM1. DTZ is seeking one-off. SEA who is spearheading this project. For those established retailers or local chain retailers. . The retail experience at Publika will pave the way for a new trend in urban retail. “Sunrise wanted to create something different for its urban residents who are looking for inspiration and something meaningful. DTZ is the retail consultant and joint leasing agent for Publika @ Dutamas. DTZ worked closely with architects and artists . homegrown bookshops and new local retailers or producers of interesting merchandise. something more than just window shopping. Elements of art will be applied throughout the development whilst the outdoor parks and public spaces will be dotted with sculptures and murals. It is not a conventional shopping centre but rather it will be Art-Inspired and Creative Retail.LabDNA to develop a retail concept which is branded as Art-Inspired. the residents comprise high income dynamic city dwellers and expatriates however the existing retail offer. We searched for ideas on how shopping can be made a more personal and enriching experience. an afﬂuent suburb in the Klang Valley.” Tong Kooi Ong. artisan craft. “Publika is an avenue for interaction and community participation in the appreciation of arts and culture amidst an inspiring environment. although plentiful.5 bil integrated commercial development. DTZ’s role is to explore and develop new formats and concepts to meet Publika’s concept. quirky fashion.South East Asia Highlights Kuala Lumpur. Sunrise is among the pioneer developers in Mont Kiara. About 30% of the retail area is dedicated to various forms of creative expression programs and art including the White Box: an open exhibition space and Black Box: an experimental theater. unique retail concepts. We decided to make Art the Heart of Retail” elaborated Ungku Suseela. In terms of retail. 20 Regional Head Retail. The locality is densely built up.
A global leader in providing business software solutions. commencing operations in Q1 2010. Jalan Ampang the headquarters as well as from four site ofﬁces located across the Klang Valley and Penang. During his opening speech. It was a milestone event to mark DTZ’s efforts towards establishing itself as a key player in the local real estate industry. DTZ’s assistance resulted in excellent commercial terms and cost savings to Exact. where GTower’s brand new MSC-registered status met this requirement. DTZ located and proposed GTower at Jalan Tun Razak. has vastly improved ofﬁce efﬁciency and provided opportunities in strengthening interofﬁce working environment. Exact was among the initial tenants at GTower. Exact sought to create a more integrated work environment. GTower’s strong ‘green’ credentials also matched Exact’s own environmental policies. The anniversary celebration was as much a success as it was memorable for everyone. DTZ KL Chairman. Through persistent negotiation. The organising committee put together a variety of events to keep everyone entertained. Malaysia – 10th anniversary celebration DTZ Kuala Lumpur celebrated its 10th anniversary of operations in Malaysia with much fanfare.000 sq ft of space on a single ﬂoor. As Exact’s Multimedia Super Corridor (MSC) status made it a requirement to move into an MSC building. The event also was graced by the participation of DTZ APAC Management team members including Edmund Tie.” . to allow one of their ﬂoors to be returned in its ﬁtted out condition and this resulted in substantial cost savings for Exact. We are very pleased with DTZ and would not hesitate to use their services again. Killian O’Higgins and Alan Wong. Recognised as one of the major business software providers in Malaysia. The new premise with 25. Taking a three-year lease with an option for two further terms of three years each. Operating on two ﬂoors in Petronas Twin Towers. the company targets multinational companies and small to medium-sized enterprises. Dato’ Nawawi Mohd Arshad talked about gaining competitiveness and the importance of human resource development. DTZ also successfully negotiated with KLCC. landlord of Petronas Twin Towers. 21 Kuala Lumpur. Exact started operations in Kuala Lumpur in 1998. enhancing its business and operating efﬁciency. Ho Tian Lam. Currently engaged in several landmark appointments either as development consultants or exclusive marketing agents. The rest of the evening was fun and games. DTZ is on course to mark its position among the top real estate consultants in the country. Henry Wee. Malaysia – Exact Asia Development Centre DTZ secured a major move for Exact Asia Development Centre. “DTZ did an exceptional job in supporting Exact in our search for our new premises in Kuala Lumpur and coordinated our move with utmost competence.South East Asia Highlights Kuala Lumpur. The annual dinner event was attended by about 150 staff members based at Menara Citibank. Product Development Director said. Long service awards were presented by Ungku Suseela to dedicated staff members who have served the company for ﬁve and ten years respectively.
making it the perfect ofﬁce location for SAP. California Fitness is also located within Liberty Square together with a few retail banks. with loose ofﬁce furniture provided. The Opus will be one of the most newly retroﬁtted small scale and boutique ofﬁce buildings along Thonglor Road. SAP has a rich history of innovation and growth and has sales and development locations in more than 50 countries worldwide and is listed on several stock exchanges. food and beverage outlets.500 sq m.Sole marketing and leasing appointment for The Opus The Opus is a seven-storey mixed use development located in the heart of Thonglor Soi 10 which has been described by Time Magazine as “the epicenter of creativity”.South East Asia Highlights Bangkok. Liberty Square is conveniently located in the CBD area at Silom Road and just minutes walking distance to the skytrain and subway stations. including the Frankfurt Stock Exchange and NYSE. will come fully furnished. this neighbourhood has attracted a lot of Asian expatriates particularly the Japanese. Thailand . Bangkok. DTZ successfully negotiated on behalf of SAP for their ofﬁce lease renewal at Liberty Square on Silom Road. Traditionally. A revision and analysis of SAP’s current lease was done and reviewed against the landlord’s renewal proposal. The Opus is set to beneﬁt from this bustling and busy setting. . The eye-catching retail space will provide convenience to the occupants of The Opus and its immediate vicinity with a variety of shopping. Founded in 1972. Each individual ofﬁce unit will be readily partitioned with rooms. Thailand . 22 Thonglor is a well-known residential and retail neighbourhood situated on the fringe of Bangkok. The ofﬁce component which will have an approximate net lettable area of 2. SAP’s intention was to review its business accommodation in Bangkok with the aim of developing and implementing a suitable strategy to meet its business objectives. DTZ then embarked on a successful renewal at very competitive terms on behalf of SAP for a further term of three years. Comprising retail and ofﬁce components with a total gross area of 4. The Opus is currently under retroﬁtting and is expected to be completed in second half of 2010.000 sq m.Successful Ofﬁce Lease Renewal for SAP SAP is the world’s leading provider of business software. Upon completion.
DTZ successfully negotiated with the current landlord and was able to secure a one-year term lease with no increment on the rental rate with the same terms and conditions as the previous lease terms. bringing street shopping indoor amidst an alfresco setting.Successful lease termination for Fox Mobile Group Fox Mobile Group was recently negotiating a lease termination. its total net lettable area covers 6.M. The terms of the termination was successfully sorted out with minimal surrender payment made to release the tenant from their current liability. Their initial direct approach to the landlord was not feasible due to the extensive penalties attached to it.Successful ofﬁce lease renewal for IMG services IMG is the world’s premier and most diversiﬁed sports. Bangkok. Having operated in Bangkok for several years. Inspired by Santorini Town in Greece.Retail consultant and sole leasing agent for Amorini Ramintra This new development by A. City Viva is developed by Sun Assets Global and is expected to open end 2010.R Development Co. Thailand . Bangkok. Ltd is at the fringes of Bangkok. cultural and lifestyle categories. Located on RamIndra Road. Thailand .000 sq m. Bangkok. It aims to target families within its immediate catchment area with more than ﬁfty percent of its space dedicated to food and beverage outlets. the unique retail concept employs the use of blue and white colours to accentuate its aesthetics with a natural ambience and relaxed setting.000 sq m spread over four levels. residents and tourists in the immediate vicinity. IMG is also the global leader in event management and talent representation across golf. Thailand . Their ofﬁce premises at SG Tower on Rajdamri Road served their operational needs well with the Rajdamri BTS Station within walking distance from SG Tower. City Viva is located at Sathorn-Narathiwas Road. The development is expected to be ready by February 2011. Targeted at ofﬁce workers. City Viva offers an all day retail experience.South East Asia Highlights Bangkok. and 260 shops ranging from 100 sq m for restaurants to 5 sq m kiosks for fashion and accessories. IMG appointed DTZ for their ofﬁce renewal in early 2010 with a requirement to enable them to renew for a ﬂexible term of one year. It has a total net lettable area of 9. DTZ was brought in to ﬁnd an amicable solution for all parties involved. Top Market Place and McDonalds drive-through will be the anchor tenants. entertainment and media company.The City ViVa & The City Vacation DTZ has been appointed as leasing agents for the community mall at City Viva. Other tenants amongst the 40 shops in the development are a skin laser centre. Thailand . 23 . book store as well as health and wellness outlets such as spa and nail studios. tennis and fashion and has a signiﬁcant presence in many other sports.
Qingdao. We welcome your feedback and suggestions for improvements to our newsletter.dtz. South Korea. Global Head of Forecasting & Strategy.3 mil from Saw Phaik Hwa.Events issue 34 | July 2010 MICA (P) 113/09/2009 WORLDWIDE NETWORK Australia. It covers 38 countries across Europe.dtz. Sydney. A cheque amount of $1. Poland.th www. Chennai. Tokyo. Nanjing. Gold Coast. Singapore. India. Chairman of JAS Committee 2009 presenting a cheque to Edmund Tie Edmund Tie receiving a cheque of $1. Attendees also heard from Chua Chor Hoon. Beijing.com/id Shikama Chihiro (left). Vietnam Unit 2706-07 27th Floor Saigon Trade Center 37 Ton Duc Thang District 1 Ho Chi Minh City Vietnam Tel: +848 3910 0369 Fax: +848 3911 5295 mail@dtzvietnam. STF aims to help the abandoned.1 Kawasan Mega Kuningan Jakarta 12950 Indonesia Tel: +622 1576 3838 Fax: +622 1576 3388 mail@dtz. Head of South-East Asia Research. primarily in his role as the Vice-Chairman of Community Chest (ComChest). Shenyang. Bengaluru. Norway. France. Ho Chi Minh City. Hungary. Kuala Lumpur. who gave her overview and outlook of the Singapore property market. Vietnam.co. Luxembourg. All materials cannot be reproduced without obtaining prior written permission from the Corporate Communications Department. Spain. Executive Chairman of DTZ South East Asia has been actively involved in charity events. ComChest was founded in 1983 to raise funds for Singapore’s many social service organisations so they can focus on their primary responsibility of caring for and serving the needy SMRT Corporate Ltd Silver Tribute Fund FY09/10 Finale In his capacity as Vice Chairman of ComChest. Xiamen.com/sg Malaysia Suite 32.dtz. Melbourne. Shenzhen. Tianjin. North Sydney. Czech Republic. Indonesia. Dalian. Seoul. Head of Asia Paciﬁc Investment. Mulgrave. Launched in December 2006.com. Germany. Chengdu. lonely and needy elderly lead more meaningful and digniﬁed lives. Mumbai. please e-mail Corporate Communications Department.com/my Thailand 8th Floor Tonson Tower 900 Ploenchit Road Lumpini Pathumwan Bangkok 10330 Thailand Tel: +66 2257 0499 Fax: +66 2257 0501 admin@dtz. Xian Singapore 100 Beach Road #35-00 Shaw Tower Singapore 189702 Tel: +65 6293 3228 Fax: +65 6298 9328/6292 1633 mail@dtz. Ireland. The session concluded with a lively panel discussion that was chaired by John Stinson. Canada. Unless otherwise stated. This ﬂagship report provides a detailed analysis on the global real estate capital market. at the SGX Auditorium. Edmund Tie.my www. mail@dtz. Guangzhou. Should you wish to be included on our mailing list. developers. Japan.com. Russia. Bangkok.3 mil was presented at the event which will beneﬁt eight charity organisations. Shanghai. USA ASIA PACIFIC OFFICES Singapore.sg www. Hong Kong SAR. Romania. Brisbane. Denmark. UK. Wuhan.id www. CSR Initiatives Edmund Tie. Perth. It attracted almost 100 attendees from a wide range of business sectors including institutional investors. received a cheque of $115. Thailand. while also to raise public awareness for this cause. Netherlands. major banks and government authorities. Turkey. looking at global trends in investment using DTZ’s expertise and extensive local market knowledge. Kazakhstan. Edmund Tie. SMRT (fourth from left) DTZ’s Money into Property – Asia Paciﬁc 2010 DTZ launched its annual Money into Property – Asia Paciﬁc report on 13 May.com.co. Ukraine. CEO.03 Level 32 Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur Malaysia Tel: +603 2161 7228 Fax: +603 2161 1633 mail@dtz. Switzerland. on behalf of ComChest. Croatia. Finland. Jakarta.com/th Indonesia Menara Rajawali 17th Floor Jl. the fund-raising arm of the National Council of Social Services (NCSS). Sweden. all currencies are expressed in Singapore dollars. Chongqing.dtz.com www. Chairman of the Japanese Association Women’s (JAS) Committee 2009. South Africa. This is an annual event organised by ComChest to thank the Japanese Association Women’s Committee for organising the JAS Charity Draw to help raise funds for ComChest yearly through the sale of charity draw tickets.com We believe all information in this newsletter to be current at the time of printing and will not be responsible for any changes thereafter. Delhi NCR.863 from Shikama Chihiro. Hangzhou. SMRT (Singapore Mass Rapid Transit) launched its biggest CSR initiative called the SMRT Silver Tribute Fund (STF).dtz. Italy. Asia Paciﬁc and the Americas. Middle East.sg Editorial Committee: Angelina Lim. Taiwan. Belgium. 24 . The report was successfully launched to the region by David Green-Morgan. Taipei. Waleed Talib & Eugenie Koo A DTZ South East Asia Publication © DTZ Debenham Tie Leung (SEA) Pte Ltd JAS Appreciation Ceremony On 11 February 2010. Head of Asia Paciﬁc Research and Tony McGough. Malaysia. received a cheque on 11 March 2010 at the ﬁnale of the SMRT Silver Tribute Fund. Mega Kuningan Lot # 5. China.