Suntec City officially reopened on Thursday (Oct 22) following a S$410 million enhancement.
In a press release, ARA Trust Management (Suntec) Limited, the manager of Suntec REIT, said enhancement works began in June 2012 and were completed in June this year.
The works involved decanting low-yielding spaces and converting levels one and two of the Suntec Singapore Convention & Exhibition Centre for retail use. The retail footprint now covers close to a million square feet.
“Today marks an important milestone for Suntec City as we celebrate its official opening,” said Mr Yeo See Kiat, chief executive officer of ARA. “Through this transformation, Suntec City is now a more vibrant and exciting destination with new retail offerings and experiences for everyone.”
The event was attended by Minister for Social and Family Development Tan Chuan-Jin. To mark the occasion, Suntec REIT chairman Chew Gek Khim presented a cheque donation of S$200,000 towards President’s Challenge 2015 beneficiaries.
Source : Channel NewsAsia – 23 Oct 2015