Tag Archives: IR

Marina Bay Sands IR targets high-end customers

Posted on 15 Oct 2009 | Comments Off on Marina Bay Sands IR targets high-end customers

The upcoming Marina Bay Sands integrated resort (IR) in Singapore is targeting customers with high spending power.

It is promising a waterfront shopping experience, with brands in the upper-middle to high end.

“With integrated resorts, you normally get all sorts of different market segments – the MICE, leisure, gaming customers, and they vary from segment to segment. But we aim at attracting high-spending customers. And that’s why the product is pitched the way it is – more at the upper end,” said David Sylvester, VP of Retail Asia, Sands Retail Asia.

Some new names that Marina Bay Sands will bring in to Singapore include Italian apparel brand Henry Cotton’s, and Paul and Shark.

And to match the shopping experience, the integrated resort will also have restaurants featuring famous celebrity chefs.

Marina Bay Sands said it has been able to attract the top names, despite the current global recession. Continue reading →

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Posted in Property Market / Real Estate

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First phase of Marina Bay Financial Centre is 67% pre-leased

Posted on 27 Aug 2009 | Comments Off on First phase of Marina Bay Financial Centre is 67% pre-leased

The first phase of Marina Bay Financial Centre is now 67 per cent pre-leased ahead of its completion in the second quarter of next year. This phase includes Tower Two and the fully pre-leased Tower One.

The latest tenant at the location is Servcorp, a serviced and virtual office provider. In a statement, Raffles Quay Asset management said Servcorp’s seven-year lease will start next year.

Servcorp will occupy an entire floor spanning about 22,000 square feet in Tower Two. It will join other companies like BHP Billiton and the Macquarie Group.

Phase Two of the Marina Bay Financial Centre is due for completion in the second quarter of 2012. Its office space in Tower Three already has 55 per cent pre-commitment.

Source : Channel NewsAsia – 27 Aug 2009

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Posted in Office / Retail / Industrial

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