Jan 2019

Third Acquisition in Asia

More >

51 Bras Basah Road

Bras Basah, Singapore
Jan 2019

Third Acquisition in Asia

More >
External view of 51 Bras Basah Road

In January 2019 Chelsfield Asia Fund 1 and asset manager ARA acquired Manulife Centre (51 Bras Basah Road), a 241,388 sqft mixed-use building.

The 11-storey building is located along the Orchard corridor in the Civic and Cultural District of Bras Basah, a location that has recently attracted the corporate sector.

Chelsfield’s objective is to reposition the asset into a unique office space complimented by a wide range of lifestyle amenities. The property upgrade will include creating a better sense of arrival and activating the retail space more effectively. High-quality tenants and co-working operators will be targeted in order to create a greater vibrancy for the asset.

Subject to approvals, final design and advice, the work will start in September 2019 and complete in the summer of 2020.


Top