Asia Square

Asia Square is a retail and office building located along Marina View at Marina Bay in Singapore. It is located in Marina Bay, Singapore's new business and financial precinct. It comprises 2,000,000 square feet (190,000 m2) of office space, over 30 entertainment and dining premises, as well as the largest gym in the Central Business District.

Asia Square
General information
StatusComplete
TypeOffice, Retail, Hotel
LocationMarina Bay, Downtown Core, Singapore
OwnerTower 1: BlackRock[1]
Tower 2: BlackRock[2]
Height
RoofTower 1: 228.95 metres (751.1 ft), Tower 2: 221.48 metres (726.6 ft)
Technical details
Floor countTower 1: 43, Tower 2: 46
Design and construction
ArchitectDenton Corker Marshall Pty Ltd Architect 61 Pte Ltd
Website
www.thehumanbuilding.com
References
[3][4]

Asia Square is also Singapore's first commercial development integrated with a business hotel, The Westin Singapore, located at Tower 2. A 100,000 square feet (9,300 m2) landscaped plaza, The Cube, links the two towers at Asia Square.

History

Asia Square Tower 1, which consists of 43 floors, was officially opened on 8 November 2011 by Emeritus Senior Minister Goh Chok Tong.[5] The Honorary Consulate of Slovenia is on the ninth floor of this building.

Asia Square Tower 2, which consists of 46 floors, was officially opened on 19 November 2013.

Proposed acquisition of Asia Square Tower 1

On 14 October 2015, CapitaLand and a consortium of Norway's sovereign wealth fund has been chosen as the preferred bidder to buy the Asia Square Tower 1 office building.[1] On 4 November 2015, CapitaLand has pulled out of talks on the acquisition. BlackRock Real Estate mentioned talks with other parties are still in progress.[6]

On 6 June 2016, Qatar Investment Authority, a sovereign wealth fund, has agreed to purchase the building for S$3.4 billion.[2]

Tenants

Citi is the anchor tenant for Asia Square Tower 1, giving Citi the right to external signage on the building. Tower 1 houses Citi Asia Pacific, Citi Singapore headquarters and Citi Private Bank. Other Tower 1 tenants include the global investment bank New State Corporation, the Taipei-based Global Financial Services Group CTBC Bank at #33-02, China Citic Bank International, Julius Baer, China Fortune Land Development's international HQ, the Swiss National Bank, Bank Sarasin, Lloyd's of London, Marsh & McLennan, White & Case, Booz Allen Hamilton, Royal Bank of Canada, Fidelity and Sinochem. Leading service office Regus has set up a business centre on level 7. A fitness brand from Hong Kong occupies the entire level 6 at Asia Square Tower 1, a total of 32,000 square feet (3,000 m2), said to be Singapore's largest gym.

Tenants of Asia Square Tower 2 include: Mizuho, Allianz, Westpac, Bank Mandiri, JustCo, Mercuria Energy Trading, National Australia Bank, Nikko Asset Management, Edrington, Platinum Equity Advisors, Russell Reynolds, Scor Re and Swiss Re.

Environmental sustainable design

The development incorporates several environmental sustainable features. It has the largest photovoltaic cell (solar panel) installation on the roof in Singapore and also the first bio-diesel generation plant in a commercial development in the CBD.

Asia Square achieved both the Leadership in Energy & Environmental Design Core and Shell (LEED-CS) Platinum certification by the US Green Building Council [7] and Green Mark Platinum Award by the Building and Construction Authority of Singapore,[8] making it one of Asia's greenest buildings.

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See also

References
  1. "CapitaLand confirms talks to buy Asia Square Tower 1". Channel NewsAsia. Retrieved 21 October 2015.
  2. "Qatar sovereign wealth fund to buy Asia Square Tower 1 for record S$3.4b". Channel NewsAsia. Retrieved 11 June 2016.
  3. Asia Square at Emporis
  4. "Asia Square". SkyscraperPage.
  5. "Asia Square Tower 1 opens". Channel NewsAsia. Retrieved 22 December 2011.
  6. "CapitaLand pulls out of talks to buy Asia Square Tower 1". Channel NewsAsia. Retrieved 22 November 2015.
  7. Gold precertification by the US Green Building Council (USGBC).
  8. Green Mark Platinum Award by the Building and Construction Authority of Singapore (BCA).

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