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Ascendas-Singbridge in JV to redevelop old CPF Building

(From left) Itaru Nishimura, managing officer and chief operating officer, Mitsui; Miguel Ko, group CEO, Ascendas- Singbridge; Makio Tanehashi, senior executive managing director, Tokyo Tatemono.

ASCENDAS-Singbridge Group has entered into a joint venture with Mitsui and Tokyo Tatemono to redevelop the former CPF Building. The 79 Robinson Road property will be redeveloped into a Grade-A office building with retail amenities; its total development cost is estimated at S$1 billion.