If you are looking for a condominium in Singapore, The Panorama is a great choice. This apartment complex is spread across four 17-storey buildings, and is comprised of 698 units. It is located in Ang Mo Kio, close to the D20 hub, which has everything you need for entertainment, family fun, and small trips. The Panorama is a leasehold property. The developer plans to achieve T.O.P by 2017.
The Panorama Ang Mo Kio – UOL Group Site Plan
If you are looking for an apartment in the central business district, The Panorama Ang Mo Kio may be the one for you. Its upcoming 24-storey project will feature more than 370 units and will offer unobstructed views of the city. It is also expected to be accessible from the Mayflower MRT station on the Thomson-East Coast Line. For more information, check out our project review and listings.
The Panorama at Ang Mo Kio will feature 698 residential units ranging from one to five bedrooms. The units are surrounded by abundant amenities and feature panoramic views of the city and its parks. Residents can enjoy leisure activities at nearby parks. In addition, it is just a short drive away from the Ang Mo Kio Hub and Compass Point. Panorama at Ang Mo Kio is scheduled to be completed in 2017.
The Great Room has 5 areas in Singapore, consisting of Ngee Ann City
Co-working driver The Great Room has actually been acquired by United States flexible work environment supplier Industrious as part of its promote international expansion. On May 9, the New York-headquartered company announced its acquisition of The Great Room as well as European co-working gamer Welkin & Meraki.
According to a source quoted by Bloomberg, Industrious paid around US$ 100 million ($ 139 million) in money as well as stock for both business. The offer immediately adds over 350,000 sq ft to its portfolio across 6 new markets in Asia and Europe, in addition to a 600,000 sq ft pipeline of new deals across key cities in the two areas.
The Great Room’s portfolio consists of approximately 180,000 sq ft across seven locations, consisting of 5 in Singapore located at One George Street, Centennial Tower, Ngee Ann City, Raffles Arcade and also Afro-Asia. Its two continuing to be locations remain in Hong Kong and Bangkok, respectively. Meanwhile, Welkin & Meraki operates five adaptable workplace locations throughout Paris, Eindhoven, and Brussels.
Both The Great Room as well as Welkin & Meraki will certainly continue to run under their corresponding trademark name.
” We are thrilled to induce The Great Room and also Welkin & Meraki within the Industrious ecological community, particularly given our aligned intent to give high-grade, adaptable offices,” states Jamie Hodari, CEO as well as founder at Industrious, in a press statement. “We eagerly anticipate broadening our offering on a worldwide scale to much better support work-from-anywhere models, while maintaining our dedication to the highest possible customer contentment in the market.”
Post-transaction, Industrious currently holds some 5 million sq feet of adaptable office worldwide. Members of The Great Room and Welkin & Meraki will certainly be able to access work areas within the Industrious locations, and also vice versa.
Ang continues to be as CEO of The Great Room, reporting to Hodari. She keeps in mind that the deal makes it possible for The Great Room to be better-capitalised for growth within the versatile office segment, which she predicts will grow over the following 10 years to make up some 30% of overall commercial room globally from its current level of 3%.
Noting that The Great Room and Industrious share the very same worths in terms of a human-centric method to style, warm service, as well as serving the existing and also future needs of participants, Ang also mentions that through the collaboration, the firm will able to tap Industrious’ best techniques. “I assume there’s a whole lot to learn since they have actually been in business for much longer,” she remarks.
I think there’s prompt cross-sell and earnings synergies, as well as a more powerful value proposition for members
Industrious’ main market is the US, where it operates over 150 areas in greater than 50 cities. The firm’s profile has actually grown rapidly since the beginning of the pandemic, with roughly one million sq ft of area added to its portfolio in 2020 and over 1.1 million sq ft included 2021.
Last February, Industrious crossed a brand-new milestone when CBRE Group made a US$ 200 million financial investment in the firm, obtaining a 35% stake in the firm that was later on bumped up to 40%, cementing its placement as majority shareholder. CBRE’s flexible-space solutions firm, Hana, was likewise combined right into Industrious, enhancing its profile in the US as well as noting its growth in the UK with areas in London as well as Manchester.
Industrious operates over 150 versatile workspace locations in the US
Looking in advance, the team plans to increase its worldwide visibility by the end of the year. Asia Pacific (Apac) will certainly play a considerable part in its growth trajectory, keeps in mind Ang. “There’s a really strong dedication to grow throughout Apac,” she says, keeping in mind that the development will certainly be fuelled by both natural development and M&A task.
For The Great Room, Ang shares the firm is presently negotiating bargains to more expand in its current markets of Singapore, Bangkok and also Hong Kong, while there are also intends to venture right into new markets, with instant top priorities consisting of Sydney, Tokyo and Shanghai.
The Great Room’s portfolio is composed of around 180,000 sq feet throughout 7 areas, including five in Singapore located at One George Street, Centennial Tower, Ngee Ann City, Raffles Arcade and Afro-Asia. Welkin & Meraki runs five versatile work environment places across Paris, Eindhoven, as well as Brussels.
Jaelle Ang, CEO and also co-founder of The Great Room, believes the acquisition will certainly reinforce the group’s positioning, given the increase in range and also network. Post-transaction, Industrious currently holds some 5 million sq feet of flexible workplace worldwide. Participants of The Great Room and Welkin & Meraki will certainly be able to gain access to workspaces within the Industrious locations, as well as vice versa.