Key Milestones

  1. Suntec REIT listed on the mainboard of Singapore Exchange Securities Trading Limited

  2. Acquired 100% interest in Park Mall for S$230 million

    Acquired 100% interest in Chijmes for S$128 million

  3. Announced the Suntec Office Strata Acquisition Programme and launched private placement of 120,000,000 new units in Suntec REIT to raise proceeds of approximately S$180 Million to fund the first phase of the Programme

  4. Acquired strip of land in front of Park Mall for S$15.9 million for amalgamation with the property

    Acquired one-third interest in One Raffles Quay for S$941.5 million

  5. Issued S$270 million of 5-year convertible bonds at 3.25% fixed coupon

  6. Acquired 20% interest in Suntec Singapore International Convention & Exhibition Centre for S$25 million

    Launched private placement of 128,500,000 new units in Suntec REIT to raise proceeds of approximately S$153 million to partially repay the S$825 million term loan facility

  7. Completed the acquisition of a one-third interest in Marina Bay Financial Centre Towers 1 and 2, and the Marina Bay Link Mall

  8. Completed S$114.8 million strategic acquisition of an additional 40.8% interest in Suntec Singapore International Convention & Exhibition Centre. This increased Suntec REIT’s effective stake from 20.0% to 60.8%

    Announced the divestment of Chijmes for S$117 million and at 23.2% above valuation

  9. Commencement of the S$410 million Remaking of Suntec City

  10. Issued S$280 million of 5-year convertible bonds at 1.4% fixed coupon

    Completed the acquisition of 177 Pacific Highway, a landmark office tower to be developed in North Sydney Central Business District

  11. Ground breaking ceremony of 177 Pacific Highway

    Launched private placement of new units in Suntec REIT to raise gross proceeds of no less than S$350 million

    Awarded “Best Asian REIT Manager, 2014” in the REIW Asia Awards for Excellence

    Celebrated Suntec REIT’s 10th Anniversary

  12. Celebrated the official opening of Suntec City following the completion of the Remaking of Suntec City

    Acquired three floors of strata office space in Suntec City for S$101.6 million

    Completed the divestment of Park Mall and entry into a joint venture for Redevelopment

  13. Received practical completion for 177 Pacific Highway

    Completed the acquisition of the 25.0% effective interest in the iconic Southgate Complex located in Melbourne, Australia

    Commenced the development works at 9 Penang Road (formerly known as Park Mall) into a new Grade A commercial building

  14. Suntec REIT received Platinum Award – Retail & Office REIT at the inaugural Asia Pacific Best of the Breeds REITs AwardsTM 2017

    Completed the acquisition of a 50% interest in Olderfleet, 477 Collins Street, located in Melbourne Central Business District

    Issued S$300 million of 7-year convertible bonds at 1.75% fixed coupon

  15. Completed acquisition of additional 25% interest in Southgate Complex, Melbourne

    Received the Platinum Award – Retail & Office Hybrid REIT (Singapore) for the second year running at the Asia Pacific Best of the Breeds REITs AwardsTM 2018

  16. Close of placement of 111,111,000 new units in Suntec REIT to raise gross proceeds of approximately S$200.0 million

    Announced the acquisition of a Grade A office building located at 21 Harris Street, Pyrmont, Sydney

    Suntec REIT expands presence in Australia with the completion of the acquisition of a Grade A office building located at 55 Currie Street, Adelaide