Ocean Financial Centre (245m, 43 floors, due 2011)

[Simon91]

I guess I gotta do it when I get time. I've been to Helsinki quite a few times though, I love Finland but the weather's quite deadly to me. Ok end of the Off Topic for now, lol.

[Mith252]

Here are some pics I took of the Ocean Building and the entrance.


https://fbcdn-sphotos-b-a.akamaihd.n...39018732_n.jpg

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[Dr Gonzo]

what exactly are they doing in front of OFC??! That escalator down to Raffles underpass has been out of action for months!

[Mith252]

I think they are trying to make sheltered connection to the building. It is just my opinion....

[Mith252]

Some pics I took today. Demolition still ongoing.


https://fbcdn-sphotos-g-a.akamaihd.n...04124017_n.jpg

https://fbcdn-sphotos-e-a.akamaihd.n...69071382_n.jpg

https://fbcdn-sphotos-c-a.akamaihd.n...59456507_n.jpg

[Dr Gonzo]

not very quick are they!

[don diego 2000]

The deconstruction of Keppel Tower is almost finished. Things are starting to look neat for OFC

[Mith252]

Some pics I took today. It seems that the old entrance has been demolished.


https://fbcdn-sphotos-c-a.akamaihd.n...39970141_n.jpg

https://fbcdn-sphotos-e-a.akamaihd.n...92407787_n.jpg

https://fbcdn-sphotos-g-a.akamaihd.n...16293802_n.jpg

https://fbcdn-sphotos-a-a.akamaihd.n...29013362_n.jpg

[Mith252]

Some pics I took of the site. The demolition is taking a long time.


https://fbcdn-sphotos-e-a.akamaihd.n...73867639_n.jpg

https://fbcdn-sphotos-a-a.akamaihd.n...99077820_n.jpg

https://fbcdn-sphotos-h-a.akamaihd.n...01407933_n.jpg

https://fbcdn-sphotos-g-a.akamaihd.n...03992432_n.jpg

[Dr Gonzo]

Dont really get why they have taken that escalator out unless they are replacing it with another????

[Dr Gonzo]

Originally Posted by Dr Gonzo

Dont really get why they have taken that escalator out unless they are replacing it with another????

ah see they have added another entry/exit lane where the escalator was, seems they built OFC then worried about how people will get in and out afterwards

[Mith252]

Some pics I took of the building.


https://fbcdn-sphotos-d-a.akamaihd.n...91056775_n.jpg

https://fbcdn-sphotos-f-a.akamaihd.n...58165550_n.jpg

https://fbcdn-sphotos-e-a.akamaihd.n...84806249_n.jpg

[Mith252]

Some news on OFC in CNA.

K-REIT Asia to raise stake in Ocean Financial Centre
By Lynda Hong | Posted: 25 June 2012 2106 hrs

SINGAPORE: K-REIT Asia will acquire a 12.39 per cent interest in Ocean Financial Centre for S$228.4 million, raising its stake to 99.9 per cent.

In a filing with the Singapore Exchange, K-REIT Asia said the acquisition wil be funded by bank borrowings and the issue of 60 million new units at S$1.17 per unit. The issue price translates to a 15 per cent premium to K-REIT's Monday closing price of S$1.02 per unit.

The proposed placement is expected to raise around S$70 million.

K-REIT, sponsored by Keppel Land Ltd., said it expects the acquisition to be immediately yield-accretive and raise its distribution to unit holders.

Ocean Financial Centre is a 43-storey premium Grade A office development located at the Raffles Place and Marina Bay precincts.

Ms Ng Hsueh Ling, CEO of K-REIT Asia Management, said: "Since our first acquisition of Ocean Financial Centre in December last year, we have raised the committed occupancy from 80 per cent to over 90 per cent as at end-March.

The enlarged interest will give us full management control of the property and higher tax transparent income, which will increase the DPU to K-REIT Asia's unit holders."

"With this acquisition, approximately 93 per cent of K-REIT Asia's Singapore assets by value will be located in the prime Singapore central business district, strengthening K-REIT Asia's position as the key premium office landlord in the Raffles Place and Marina Bay precincts."

-CNA/ac

source: http://www.channelnewsasia.com/stori...209800/1/.html

[Vrooms]

a view i took from ORP's rooftop:
image hosted on flickr

http://www.flickr.com/photos/7314290...n/photostream/

[Mith252]

Some pics I took of the site where they are building a 7-storey car park.


https://fbcdn-sphotos-d-a.akamaihd.n...21091994_n.jpg
[img]hhttps://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-snc7/391496_10151056820942040_1644037317_n.jpg[/img]
https://fbcdn-sphotos-b-a.akamaihd.n...44037317_n.jpg

https://fbcdn-sphotos-g-a.akamaihd.n...21051303_n.jpg

https://fbcdn-sphotos-b-a.akamaihd.n...57706011_n.jpg

[Mith252]

Some pics I took of the site yesterday.


https://fbcdn-sphotos-a-a.akamaihd.n...63122418_n.jpg

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https://fbcdn-sphotos-e-a.akamaihd.n...27866539_n.jpg

https://fbcdn-sphotos-h-a.akamaihd.n...01701465_n.jpg

[ddes]

Some pictures taken from Ocean Financial Centre's 43rd floor. Sorry, quality lousy because it's from an iPhone.

[Mith252]

Some pics I took of the site. It looks like they are going to make a new underground link to the building.


https://fbcdn-sphotos-h-a.akamaihd.n...55896426_n.jpg

https://fbcdn-sphotos-a-a.akamaihd.n...40840455_n.jpg

https://fbcdn-sphotos-b-a.akamaihd.n...16437011_n.jpg

[Mith252]

Some pics I took of the new car park building. I can see some structures now.


https://fbcdn-sphotos-h-a.akamaihd.n...42950669_n.jpg

https://fbcdn-sphotos-b-a.akamaihd.n...77387803_n.jpg

https://fbcdn-sphotos-b-a.akamaihd.n...53543527_n.jpg

[Mith252]

Some pics I took of the site next to the building.


https://fbcdn-sphotos-g-a.akamaihd.n...25291319_n.jpg

https://fbcdn-sphotos-e-a.akamaihd.n...43020372_n.jpg

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