Marina Bay Financial Centre and One Raffles Quay Conferred Prestigious Environmental Awards

27 May, 2009

The Green Mark certification by the Singapore Building and Construction Authority (BCA) recognises the developers’ commitment to build sustainable developments

27 May 2009, Singapore – Two of Singapore’s most prominent office developments in the business district, One Raffles Quay (ORQ) and the upcoming Marina Bay Financial Centre (MBFC) have won accolades for their achievements towards environmental sustainability under the Building and Construction Authority’s (BCA) Green Mark awards.

MBFC (Phase 2) Commercial Tower 3 has been awarded the BCA Green Mark GoldPlus, and Marina Bay Suites and ORQ the Gold awards. These awards recognise the green initiatives inherent in the design, architecture and construction of the developments.

Commenting on the award wins, Raffles Quay Asset Management (RQAM) General Manager Wilson Kwong said: “The awards are testament to our efforts of creating premium and sustainable developments that our tenants and residents can appreciate.”

With 1.3 million square feet office space, Commercial Tower 3 is the largest single office tower within the MBFC development, and the only Grade A commercial building within the integrated mix-use development to be certified GoldPlus by BCA. Anchored by DBS Bank, it combines design excellence and environmentally-responsible features.

The building incorporates features that will reduce the solar load and glare from the sun and as a result, lower energy required for cooling. This feature, along with other energy efficient amenities will bring about an estimated 30.4% in energy savings and up to 7,000 cubic metres in water savings annually, equivalent to two Olympic-sized swimming pools.

Recycled and Green Mark endorsed products are also used in the construction of MBFC. To encourage environmentally-friendly practices among tenants, bicycle lots and segregated garbage bins will also be incorporated into the development when fully completed.

Environmentally-friendly features at ORQ include lift regenerative drive systems, heat recovery wheels, district cooling system, siphonic rainwater discharge system and condensed water for carpark washing.

The latest wins follow hot on the heels on the previous awards for both MBFC and ORQ. The MBFC (Phase 1) Commercial and Marina Bay Residences received the Green Mark Gold awards in 2008 and 2007 respectively. In 2008, ORQ was also awarded the prestigious

International Real Estate Federation (FIABCI) Prix d’Excellence in the Office Development category for design excellence.

MBS pairs luxury living with innovative “green” technology that enhances the quality of living, while protecting the environment. Resource-efficient features that contributed to its Gold award include a rainwater collection system for irrigation, pneumatic waste collection system, Ductless MV system at carparks, and the use of products that bear the “green” label. A “green” wall at the 6th storey, combined with lush sky gardens at the 6th, 27th and 46th storey give the MBS its “green lungs”, offering residents a refreshing living environment within an urban setting.

For more information, please contact:
Chan Kwai Seng
Fleishman-Hillard
DID: 6424 6383
Email: chank@fleishman.com

Kelvin Teo
Fleishman-Hillard
DID: 6424 6361
Email: teok@fleishman.com

About the BCA Green Mark Awards
The BCA Green Mark Scheme was launched in January 2005 as an initiative to move Singapore’s construction industry towards more environment-friendly buildings. It is intended to promote sustainability in the built environment and raise environmental awareness among developers, designers and builders when they start project conceptualisation and design, as well as during construction.

For more information on the Green Mark Scheme, please visit this BCA site @ http://www.bca.gov.sg/GreenMark/green_mark_buildings.html

About Marina Bay Financial Centre
Marina Bay Financial Centre (MBFC) is being developed by a joint venture by three of Asia’s most experienced and trusted property developers – Cheung Kong (Holdings) Ltd/Hutchison Whampoa Ltd, Hongkong Land Ltd and Keppel Land Ltd, and managed by Raffles Quay Asset Management (RQAM). Occupying centre-stage of Singapore’s spectacular new downtown at Marina Bay, MBFC is a purpose built financial centre designed to ensure Singapore’s place as a key financial hub of South-East Asia. MBFC sits on a prime waterfront 3.55 hectare site offering a breathtaking blend of three distinguished office towers with nearly 3 million square feet of Grade A office space, two residential towers comprising 649 luxury apartments and penthouse as well as approximately 176,000 square feet of retail space to meet the daily convenience of our business community and residents.

For more information about Asia’s best business address, please visit the MBFC website @ http://www.mbfc.com.sg/

About One Raffles Quay
One Raffles Quay (ORQ) is developed by One Raffles Quay Pte Ltd, a joint venture of three of Asia’s most experienced and trusted property developers – Cheung Kong (Holdings)/Hutchison Whampoa, Hongkong Land and Keppel Land.

Managed by Raffles Quay Asset Management (RQAM), ORQ comprises of two office towers totaling 1.3 million square feet (120,000 square metres) of office space. The 29-storey South Tower has 18 office floors, with a typical floor area of 30,000 square feet (2,900 square metres), while the 50-storey North Tower has 42 office floors with a typical floor area of 18,000 square feet (1,700 square metres). ORQ was designed by Kohn Pedersen Fox Associates (KPF) and is now owned by Hongkong Land, and REITS associated with Keppel Land and Cheung Kong (Holdings).

About Cheung Kong (Holdings) Limited/ Hutchison Whampoa Limited
Cheung Kong (Holdings) Limited is a property development and strategic investment company based in Hong Kong. It is one of the largest property developers in Hong Kong, having developed about one in twelve private residences in the territory. The company also owns a large portfolio of commercial, residential and industrial premises in Hong Kong, and is a major developer of the Central District.

In Singapore, Cheung Kong’s residential property portfolio includes Cairnhill Crest, an oasis of tranquillity ensconced in prime district 9, and Costa del Sol, a prestigious east coast marine-themed development.

In terms of commercial property, the Company developed One Raffles Quay in its first joint venture with Keppel Land and Hongkong Land in Singapore. Cheung Kong is a substantial unit holder in Fortune REIT – which holds 11 retail malls in Hong Kong and was listed on The Singapore Exchange in August 2003 – with a 26.92% stake.

About Hongkong Land Limited
Hongkong Land Limited is one of Asia’s leading property investment, management and development groups. Founded in Hong Kong in 1889, the Group has business interests across the region. Hongkong Land’s business is built on partnership, integrity and excellence.

In Hong Kong, the Group owns and manages some five million sq. ft of prime commercial space that defines the heart of the Central Business District. In Singapore, it is helping to create the city-state’s new Central Business District with the expansion of its joint venture portfolio of new developments. Hongkong Land’s properties in these and other Asian centres are recognised as market leaders and house the world’s foremost financial, business and luxury retail names. Hongkong Land also develops premium residential properties in a number of cities in the region, not least in Singapore where its 77%-owned listed affiliate, MCL Land, is a significant developer.

Hongkong Land Holdings Limited is incorporated in Bermuda. Its primary listing is in London, and its shares are also listed in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.

About Keppel Land Limited
Keppel Land Limited is the property arm of the Keppel Group, one of Singapore’s largest multi-national groups. The Company is one of the largest property companies by total assets on the Singapore Exchange.

One of Asia’s premier property companies, Keppel Land is recognised for its sterling portfolio of quality award-winning residential developments and investment-grade commercial properties, and high standards of corporate governance and transparency.

Keppel Land is geographically diversified in Asia and has a strategic focus on two core businesses of property development and property fund management. A leading prime office developer in Singapore, Keppel Land contributes to defining and refining the city’s skyline with landmark developments such as Ocean Financial Centre, One Raffles Quay and Marina Bay Financial Centre.

The Company is also Asia’s premier home developer with world-class iconic waterfront residences such as Reflections at Keppel Bay, Marina Bay Residences and Marina Bay Suites in Singapore.

Keppel Land has received several Green Mark awards for its commercial and residential developments in Singapore and overseas. In Singapore, these include Ocean Financial Centre (Platinum), Madison Residences (Gold), Reflections at Keppel Bay (Gold), Sixth Avenue Residences (Gold), The Promont (Gold) and The Tresor (Gold). Keppel Land’s development The Estella in Ho Chi Minh City is also the first development to receive the Green Mark Gold award in Vietnam. Keppel Land has also garnered several FIABCI awards for its developments including Prudential Tower (Office Category – 2004) and Caribbean at Keppel Bay (Residential category – 2006).

About K-REIT Asia
Sponsored by Keppel Land Limited, one of the largest listed property companies, K-REIT Asia was listed on the Singapore Exchange on 28 April 2006 following a distribution in specie of units in K-REIT Asia to shareholders. K-REIT Asia aims to generate stable income and long-term growth in net asset value for Unitholders by investing in income-producing commercial properties in Singapore and Asia.

K-REIT Asia’s portfolio comprises five assets, namely Prudential Tower (approximately 44% of the strata area of the building), Keppel Towers, GE Tower, Bugis Junction Towers and a one-third interest in One Raffles Quay Pte Ltd. K-REIT Asia’s portfolio size was $2.1 billion as at 31 March 2009.

K-REIT Asia completed its rights issue exercise and issued 396.9 million rights units on 8 May 2008. Its total number of units in issue was 657.5 million as at end-March 2009.

K-REIT Asia is managed by K-REIT Asia Management Limited, a wholly-owned subsidiary of Keppel Land Limited. For more details, please visit www.kreitasia.com.

About Suntec REIT
Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore’s largest integrated commercial development (including one of Singapore’s largest shopping mall), Park Mall, Chijmes, and one-third interest in One Raffles Quay. Its aim is to invest in income-producing real estate which is primarily used for retail and/or office purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited, part of the ARA Asset Management Limited group (ARA). ARA, a real estate fund management company, is an affiliate of the Cheung Kong Group, and is listed on the Mainboard of the Singapore Exchange Securities Trading Limited. ARA’s business segments comprise REIT management, private real estate fund management, and specialist equity fund management and corporate finance advisory services. For more details, please visit www.ara-asia.com.

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