Frasers Centrepoint Asset Management (Commercial), the manager of Frasers Commercial Trust, today announced a $7.7 million asset enhancement initiative (AEI) for the office tower at China Square Central to create a more contemporary, elegant and conducive working environment to meet the modern needs of its office tenants.
Located in the Central Business District, China Square Central is an 11-year old building consisting of a 15-storey office tower and rows of offices, shops and restaurants that were converted from traditional shophouses.
The office tower, known as 18 Cross Street, has a floor plate of approximately 18,000 square feet. The enhancement works is scheduled to commence in November 2012 and is expected to complete within 6 months.
During this period, office tenants will continue to operate with minimal disruption. The enhancement works include installing new furnishings, upgrading the main lobby, enhancing the drop-off point, refurbishing the common areas, lift lobbies and restrooms and installing new facilities such as shower rooms and multi-media display units in lifts. In addition, a new security system with turnstiles and card access system will be installed.
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