Press Release: Topping of 71 Robinson Road marks coming of age for...

Press Release: Topping of 71 Robinson Road marks coming of age for new generation office space in Singapore

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Singapore’s most advanced new office building, 71 Robinson Road, reached the ‘topping out’ stage yesterday, leading the way for a new generation of tenant-friendly, environmentally smarter office buildings in the Republic.

The 15-storey tower marks a generational shift for the Singapore office market said Mr Hubert Spechtenhauser, Chief Executive Officer of Commerz Real, the building’s German head-quartered owner at a ‘topping out’ ceremony attended by Singapore business leaders yesterday evening.

“The sleek, contemporary design of this tenant-friendly 280,000 sqf development incorporates a host of features to make the working lives of tenants more enjoyable, the operations of businesses more secure, and more environmentally efficient,”

Mr Spechtenhauser said.

71 Robinson Road’s column-free 20,000 sqf floorplates provide expansive, naturally lit, uncluttered floor spaces. The building recently received a Gold rating under the BCA’s Green Mark scheme. It will boast three dedicated trading floors, backed with dual services systems, and extra generous 3.3 metre ceiling heights.

Mr Hans-Joachim Kuhl, a Board member of Commerz Real said the company has US$43bn of real estate assets under management and searches major international investment markets to find properties that will deliver real value over a long-term horizon.

“With Asia poised to strengthen its long-term position, the location of 71 Robinson Road along one of Singapore’s key business arteries coupled with its excellent facilities make it a smart choice for today’s most advanced businesses,” Mr Kuhl added.

The building is jointly marketed by Savills and Jones Lang La Salle. Mr Michael Ng, Managing Director, Savills Singapore, said the imminent completion of the building in October 2009 was of particular interest to prospective tenants as many companies are re-appraising their existing arrangements in the current market.

“71 Robinson Road is expected to perform particularly well under the “flight to quality scenario” which may unfold in the Singapore office market. It leads the way for a new generation of smarter buildings that raise the bar in the Singapore market,” Mr Ng said.