29 Jan '14, 8am

Orchard Hotel Shopping Arcade to undergo rebranding | | CommercialGuru | #commercial #property #singapore #sgproperty

Jan 29, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share CDL Hospitality Trust announced today that the Orchard Hotel Shopping Arcade on Claymore Road will be undergoing renovation works and rebranding as a “family-friendly mall.” According to the release, the said mall will be renamed Claymore Link as part of the S$25 million asset enhancement initiative first announced announced in May. Claymore Link will be improving its retail offerings, with supermarket retailer Cold Storage as its anchor tenant, “to cater to the growing residential population and vibrant retail activity along the Orchard Road shopping belt.” The mall’s redevelopment is expected to take about 12 months. Upon completion, the net lettable area (NLA) will increase by approximately 10,000 sq ft. Claymore Link’s incremental rental income is expected to be more than S$2.0 million on an annuali...

Full article: http://www.commercialguru.com.sg/property-management-news...

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