Real Estate - Investment Properties

OUE C-REIT’s property portfolio comprises seven properties across the commercial¹ and hospitality segments in Singapore and Shanghai. With an aggregate net lettable area of more than 2.0 million sq ft of commercial¹ space, and 1,640 upscale hotel rooms, its total asset size is approximately S$6.9 billion.

It has four Grade A office properties, which consist of OUE Bayfront, One Raffles Place (67.95% effective interest), and the office components of OUE Downtown, strategically located in Singapore’s central business district; as well as Lippo Plaza (91.2% strata interest), located within the prime commercial district of Huangpu in Puxi, Shanghai.

It also has two hotels, comprising the 1,080-room Hilton Singapore Orchard and the 563-room Crowne Plaza Changi Airport, both of which are in prime tourist catchments in Singapore – namely, the Orchard Road shopping belt and the world-renowned Changi Airport, respectively.

In addition, OUE C-REIT has one retail property, Mandarin Gallery, a high-end retail mall situated within four levels of Mandarin Orchard Singapore.

¹ Includes office and/or retail

Prominently situated along the shoreline of Collyer Quay, OUE’s flagship commercial property − OUE Bayfront – is an 18-storey Grade-A office building overlooking the spectacular Marina Bay. It is linked via an aerial mall – OUE Link – and an underpass to Raffles Place MRT station, which is just a 5-minute walk away.

Owing to its vantage location between the new Marina Bay downtown and the Raffles Place financial hub, OUE Bayfront has drawn a notable tenant base comprising multinational companies such as Bank of America Merrill Lynch, Hogan Lovells Lee & Lee, Allen & Overy LLP, and Citrix Systems Singapore Pte. Ltd, among others.

OUE TOWER
Adjoining OUE Bayfront, OUE Tower has a net lettable area of 11,800 sq ft spread over two levels. It is currently occupied by Tung Lok Group’s Tóng Lè Private Dining, offering Chinese fine dining. Tóng Lè's main dining area echoes elegance and offers diners a panoramic view of the stunning Marina Bay waterfront. As one of only two restaurants in Singapore offering a marvelous dining experience in a revolving tower, diners could complete a panoramic tour of the Marina Bay area within two short hours. Level 10 of the restaurant offers diners a selection of eight exclusive dining rooms as well as four cosy dining areas. Chic, dark wood furniture in the restaurant exudes sophistication and elegance.

Level 8 offers three luxurious rooms, complete with state-of-the-art karaoke facilities stocked with over 60,000 songs. Styled by The Link Home, each private room on this level is decorated with distinctly designed showplates and cutlery. The lavish tableware complements the exquisite décor of each room and offers yet another level of class.

OUE LINK
OUE Link connects the Raffles Place MRT station and the new Marina Bay financial district. The aerial mall linkway, with a net lettable area of 2,854 sq ft, is fully leased to an exciting line-up of retail and food and beverage options.

OUE Bayfront (including OUE Tower and OUE Link) is one of the properties in the portfolio of OUE Commercial REIT.

OUE Downtown brings the work-live-play concept vibrantly to life through the integration of premium offices, a six-storey retail mall and luxury serviced residences.

The office buildings–the 37-storey OUE Downtown 2 and the high zone of the 50-storey OUE Downtown 1–offer efficiently designed office space in a prime location on Shenton Way, in the midst of an established business and commercial hub bustling with international banks, multinationals, financial and professional services companies. This premium address lies close to major expressways and is well served by public transport networks, including the existing Tanjong Pagar, Downtown, as well as the upcoming Shenton Way and Prince Edward Mass Rapid Transit stations.

Downtown Gallery is the place to commune in Singapore’s Central Business District. Its approximately 150,000 square feet of premium retail space is distinguished by a unique tenant mix offering an exciting array of lifestyle and wellness experiences. With a strong focus on the sharing economy, future trends and new-to-market concepts, Downtown Gallery is an all-in-one destination for the office crowd to shop, dine, and de-stress.

In November 2018, OUE Downtown’s office components were divested to OUE Commercial REIT.

One Raffles Place is strategically located in the heart of Singapore’s Central Business District and is well served by Raffles Place MRT station. From the station, pedestrians have a direct connection to the sheltered basement of One Raffles Place.

The distinctive One Raffles Place encompasses two magnificent Grade-A office towers and a shopping mall with a total lettable area of over 860,000 sq ft of office, retail and entertainment space. Tower One, a landmark 62-storey Grade-A office building, is the tallest building in Singapore at 282 metres high. The skyscraper’s tenants include leading financial, banking and other professional firms. The observation deck on the rooftop and the restaurants on the 61st and 62nd levels offer panoramic views of the city and are very popular entertainment and tourism spots in Singapore.

Following the success of Tower One, the 38-storey Tower Two, which was completed in August 2012, has drawn keen interest from international companies and professional firms, The new tower has a Green Mark Platinum certification for its energy efficiency and environmentally sustainable design, awarded by the Building & Construction Authority (BCA).

Tower Two is also one of only a few commercial buildings in the financial district to capitalise on both lighting and art incentives provided by the Urban Redevelopment Authority (URA), incorporating special lighting on its façade and showcasing artworks by world-renowned artists Tony Cragg, Hiroshi Senju, Anna Chiara Spellini and Han Sai Por at the lobby and outdoor space.

One Raffles Place Shopping Mall is a six-storey retail haven that spans almost 100,000 sq ft. The refurbished mall, which was first unveiled on 29 May 2014, showcases well- known fashion brands, health and wellness services and much more. The basement level, linked to Raffles Place Mass Rapid Transit station, serves up a variety of food and beverage options seven days a week to cater to the early-morning needs of the working population and local residents in the Central Business District.

Lippo Plaza is a 36-storey Grade-A commercial building spanning over 600,000 sq ft of gross floor area, with three levels of retail space and a basement car park.

Lippo Plaza is a key Shanghai commercial landmark and a hub for business, retail and entertainment, located near the eastern end of Huauhai Zhong Road within the established Huangpu business district in the Puxi area of downtown Shanghai. The Huangpu district is one of the oldest business districts in downtown Shanghai, attracting multinational corporations, international financial institutions and local Chinese enterprises. With its unique and varied architectural styles, the Huaihai Road precinct is also an established prime retail area in Shanghai, popular with top-end international designer brands and well-known Chinese brand names.

Lippo Plaza has a diversified tenant base comprising companies from the retail, trading, consulting and pharmaceutical sectors. The property continues to attract strong interest from prospective tenants due to its excellent connectivity and accessibility, being within a five minute walk from the South Huangpi Road Metro station, which serves the Metro Line 1, the main north-south line of the Shanghai Metro network. Also located in close proximity are two major expressways which connect Lippo Plaza to other key commercial areas and major transportation lines in Shanghai.

Lippo Plaza is one of the properties in the portfolio of OUE Commercial REIT.

Mandarin Gallery is a high-end retail space situated within four levels of Hilton Singapore Orchard along Orchard Road, between the intersections of Orchard Link and Grange Road, in the heart of Singapore’s premier hotel, shopping and entertainment district. Mandarin Gallery comprises a total of over 196,336 sq ft of gross floor area and has a wide main frontage of 152 metres along Orchard Road, providing a high degree of visibility. Mandarin Gallery commenced operations in November 2009 after undergoing renovation at a cost of approximately S$200 million to transform it into a high-end shopping and lifestyle destination. It officially opened on 28 January 2010. 

Mandarin Gallery is home to a curated collection of upscale international fashion, lifestyle, services and food and beverage tenants. Within this stylish haven, fashionistas can shop for statement pieces and classic everyday wear by high-end international designer brands such as Max Mara, Y-3 as well as BOSS by Hugo Boss. 

In November 2016, the mall welcomed the opening of the first South-east Asia flagship stores of two premium brands—Michael Kors and Victoria’s Secret. The Michael Kors store boasts 7,000 sq ft of browsing space that creates an enhanced luxurious shopping experience, reflecting the sophisticated jet-set lifestyle of its customers. American lingerie brand Victoria’s Secret’s 12,000 sq ft duplex store carries the full range of the brand’s products. 

Mandarin Gallery also presents a sumptuous selection of Asian and international cuisine for the epicurean. From high-tea refreshments at Arteastiq boutique tea lounge, to exquisite Shanghai cuisine that encapsulates the taste of the four seasons of Jiangnan at Yan’s Dining Fine Shanghai Cuisine, or the award-winning Lawry’s The Prime Rib, visitors can indulge in a culinary adventure.  

In addition, Mandarin Gallery brings together the best names in hair and beauty, including world-renowned Toni & Guy, Leekaja Beauty Salon and Clé de Peau Beauté. 

Mandarin Gallery is one of the properties in the portfolio of OUE Commercial REIT. 

Part of the redeveloped OUE Downtown development on Shenton Way, Downtown Gallery is a one-of-a-kind destination for like-minded people to commune, comprising approximately 150,000 sq ft of premium retail space spread over six levels, including one basement level, housing bold new retail and lifestyle concepts. Its prominent 262-metre-wide frontage is one of the longest single retail frontages in the heart of the commercial district, creating more window display space than any comparable development. 

At Downtown Gallery, lifestyle, wellness and technology take centre stage. Among its novel concepts is a 4,000 sq ft communal cooking space, OUE Social Kitchen, featuring cooking stations and dining spaces where people can meet to cook and eat; The Work Project co-working space, which occupies one entire floor; and the 11,000 sq ft The Gallery Edit on the first storey, featuring pop-up stores and retail counters devoted to future defining trends. 

The mall’s comprehensive directory of offerings also includes athleisure fashion, a fitness zone, a dance centre, a farmer’s market and a pre-school, curated to meet the lifestyle and leisure needs of those working, living and staying in the surrounding offices, residential developments and hotels. 

In 2016, Downtown Gallery was awarded the Singapore Building and Construction Authority (BCA) Green Mark Gold Award in recognition of its commitment to environment-conscious design and operations. 

Strategically located in the heart of Singapore’s Central Business District (CBD), directly above Raffles Place Mass Rapid Transit (MRT) interchange station, One Raffles Place Shopping Mall is a six-storey retail haven that spans almost 100,000 sq ft. The mall is part of the integrated One Raffles Place development.

The refurbished mall, which was unveiled on 29 May 2014, offers a diverse array of shopping, dining, health and wellness services, and more. The basement level, linked to Raffles Place MRT station, serves up an extensive variety of food and beverage options to cater to those working and living in the CBD, including salad, sandwich and juice bars, cafes, bakeries and a gourmet deli, as well as Japanese, Vietnamese and Korean restaurants.

With such a diverse range of shopping, dining and leisure options, One Raffles Place Shopping Mall has brought an exciting one-stop shopping experience to the heart of Singapore’s CBD.

One Raffles Place Shopping Mall is part of OUE Commercial REIT’s portfolio of properties.