We are shaping our future by diversifying into commercial, retail and residential developments, in addition to our hospitality excellence.
OUE Bayfront and Adjoining OUE Tower and OUE Link
Prominently situated along the shoreline of Collyer Quay, OUE’s flagship commercial property − OUE Bayfront – is a Grade-A 18-storey 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, Hogal Lovells International LLP, Citrix Systems Singapore Pte Ltd, amongst others.
Completed in January 2011, OUE Bayfront has a total gross floor area of 503,482 sq ft, with a net lettable area of about 402,564 sq ft. As at 31 December 2014, it has garnered a committed occupancy rate of 100.0% and continues to attract strong interest from prospective tenants.
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. In Tóng Lè's main dining area, echoes of elegance surround the restaurant. Diners are offered a panoramic view of the stunning Marina Bay waterfront. As one of only two restaurants in Singapore offering the 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 exude 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 complement the exquisite décor of each room and offer yet another level of class."
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 is a landmark development on 6 Shenton Way comprising two tower blocks – OUE Downtown 1 and OUE Downtown 2 – a podium and multi-storey car park.
OUE Downtown 1 is a 50-storey building comprises three vertical zones, while OUE Downtown 2 is a 37-storey building. OUE Downtown has a combined total gross floor area of about 1.24 million sq ft and a net lettable area of about 867,000 sq ft.
OUE Downtown is undergoing a major transformation to become a mixed-use development that is expected to inject vibrancy to the financial corridor between Raffles Place and Tanjong Pagar.
As part of OUE’s efforts to maximise the property strategic location and to leverage on URA’s long-term plans to develop Tanjong Pagar into an enviable work-play-live environment, plans are underway to convert the low to mid-zones of OUE Downtown 1 into serviced suites with full-fledged facilities. These will include indoor and outdoor dining areas, a swimming pool, a fitness centre and other recreational facilities.The existing podium will be converted into a retail mall named Downtown Gallery, while the high zone of OUE Downtown 1 and the entire OUE Downtown 2 will remain as premium office space.
Asset enhancement and conversion works are expected to complete in 2016, turning this development with a prominent 262-metre street frontage and pedestrian walkway into the unrivalled choice for working, shopping, dining and living in the Central Business District.
One Raffles Place
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 61st and 62nd levels offer panoramic views of the city and are very popular entertainment and tourism spots in Singapore.
Completed in August 2012 Tower Two, a 38-storey Grade-A office building, has drawn keen interest from international companies and professional firms, following the success of Tower One. 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 Urban Redevelopment Authority (URA), incorporating special lighting on its façade and showcasing artworks by worldrenowned 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 newly refurbished mall which was first unveiled on 29 May 2014 showcases internationally renowed brand names such as H&M, Melissa, The Hour Glass, Tumi and Pandora. 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.
US Bank Tower
On 18 June 2013, OUE successfully completed the acquisition of the iconic U.S. Bank Tower, located at 633 West 5th Street, as well as the adjacent Maguire Gardens and West Lawn, located at 524 South Flower Street, in Los Angeles, California.
Formerly known as the Library Tower and First Interstate Bank World Center, U.S. Bank Tower
is a 72-storey Class A property with net lettable area of approximately 1.4 million sq ft located in the upscale Bunker Hill district in downtown Los Angeles.
Designed by renowned architect Henry N. Cobb of the architectural firm Pei Cobb Freed & Partners, U.S. Bank Tower is the tallest and most recognisable office building strategically located in the core of downtown Los Angeles, with exceptional access to motorways connecting Beverly Hills, Century City, Pasadena and the South Bay.
U.S. Bank Tower is surrounding by various amenities ranging from landscaped gardens, to dining, shopping and entertainment options. The adjacent Maguire Gardens are amongst Los Angeles’ most beautiful downtown spaces, featuring terraced pools, fountains, public art, a restaurant and outdoor dining terrace. The gardens are linked to the Bunker Hill Steps, a Los Angeles landmark and high-traffic thoroughfare that is often compared to Rome’s famous Spanish Steps.
The location is also close to premier shopping and dining destinations. A short walk away is the arts and cultural epicenter of downtown Los Angeles, which includes the Walt Disney Concert Hall, Museum of Contemporary Art, Colburn School and Music Center, along with the highly anticipated Broad Museum, scheduled to open in the fall of 2015.
Asset enhancement works are underway to renovate the office lobby – which will ultimately feature one of the largest video walls in the country – as well as to construct a world class observation deck, which will be the tallest on the U.S. West Coast. The asset enhancement works are targeted for completion in 2016. Restaurants are being added on the 4th and 71st floors of the U.S. Bank Tower, the latter venue offering 360 degree views of Los Angeles.
Lippo Plaza is a 36-storey Grade-A commercial building spanning over 600,000 sq ft 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 olderst business districts in downtown Shanghai, attracting multinational corporations, international financial institutions and Chinese state-owned 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 minutes’ 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.