A Standalone building at 139 Cecil Street is up for sale again via an expression of interest exercise after an extensive revamp, said real estate firms CBRE and JLL in a statement on Tuesday.
A STANDALONE building at 139 Cecil Street is up for sale again via an expression of interest exercise after an extensive revamp, said real estate firms CBRE and JLL in a statement on Tuesday. An 18-month additions and alterations exercise by the building's owner has increased the number of floors from 11 to 16, with a restaurant on the ground floor and a pool on the roof terrace.
The building is fully leased for an initial six years to Campfire Collaborative Spaces, a Hong Kong-based co-working space. With a net lettable area of about 85,000 square feet, the space is also Campfire’s largest site globally, said the joint marketing agents. The property, formerly known as Cecil House – was unsuccessfully put up for sale in April 2017 with an indicative price of S$210 million. It is owned by Ececil, a joint venture between Vibrant Group and DB2 Group - with Vibrant holding 51 per cent of the company, according to an earlier BT report.