One Raffles Place Shopping Mall gets facelift

Singapore

OUE Commercial Reit announced on Wednesday that its portfolio property, One Raffles Place Shopping Mall, will undergo asset enhancement initiatives in mid-2018 as part of efforts to revitalise the mall with a "more diverse and dynamic tenant mix".

The enhancements include improving the circulation areas of the mall, as well as creating more inviting and open retail space with better visibility. These upgrades will help provide a better shopping experience while simultaneously driving the per square foot productivity of the mall, said OUE C-Reit in a filing to the bourse.