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SMRT should consider farming out retail space ops

Tuesday, May 16, 2017 - 05:50

SMRT can further sharpen its focus on the quality of its rail operations by appointing a seasoned retail property specialist to look after the retail spaces. This will also free up the management's resources from the retail leasing operations.

A COUPLE of months ago, CapitaLand bagged a contract to manage the retail component of the new SingPost Centre next to the Paya Lebar MRT Interchange station. Slated to open in the second half of this year, this will comprise about 175,000 sq ft net lettable area of retail space spanning five

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