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8M Real Estate poised to ride wave of CBD living

The group, which owns a portfolio of mostly conservation shophouses, is changing focus for its accommodation business to longer-term stays.

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A bigger live-in population in the CBD will also lend itself well to 8MRE's bread-and-butter business of leasing prime ground-floor space in conservation shophouses to F&B/lifestyle tenants, says Mr Manchharam. He is pictured outside the Wanderlust, which re-opened earlier this month after a revamp costing over S$4 million and which lasted nearly nine months.

SINGAPORE-BASED property investment company 8M Real Estate (8MRE) has made a name for itself, not only for assembling a sizeable portfolio of conservation shophouses in the city-state but also for its flair as a landlord in curating food and beverage (F&B) concepts at its properties.

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