Hong Leong Building
Hong Leong Finance Building is a high-rise office skyscraper in the central business district of Singapore. This is the flagship building of Hong Leong Holdings Limited, it is located on 16 Raffles Quay, in the zone of Raffles Place. It is just next to the historic Lau Pa Sat Market. There are many skyscrapers near the building, such as One Raffles Quay, 6 Raffles Quay, Robinson Towers, John Hancock Tower, AIA Tower, all of which are less than 100 metres away. With 45 floors of office space and one basement level consisting of shops and a cafeteria, the building stretches 158.0 metres above ground. Hong Leong Finance Building houses the Embassy of Panama on the 41st floor and the Embassy of Norway on the 44th floor. Hong Leong Building was designed by Swan and Maclaren, was completed in 1976. Other firms involved in the development include Ssangyong Engineering & Construction Private Limited, Knight Frank. In March 2007, about 5000 workers were evacuated from the building, they were caused by two earthquakes in Indonesia.
Some people complained of headaches and dizziness. Most of these complaints originated from those working at the higher floors of the building. Several businesses operating at the building were disrupted after the evacuation. Office tenants include KPMG Singapore, Mitsui Sumitomo, Hong Leong Group Singapore Holding, etc. Ground floor tenants include Maybank and United Airlines. List of tallest buildings in Singapore CapitaLand Shenton Way Tanjong Pagar
16 Collyer Quay
16 Collyer Quay Hitachi Tower is a 37-storey, 166 m, skyscraper in the central business district of Singapore. It is located on 16 Collyer Quay, in the zone of Raffles Place, near Chevron House, Change Alley, Tung Centre, The Arcade, all of which are 100 metres away. Facing Clifford Pier, the building commands a panoramic view of Marina Bay, it has an underground linkage to Raffles Place MRT Station. The skyscraper has a spire, 13 m, which increases the tower overall height from 166 to 179 m It is on a 999-year leasehold.16 Collyer Quay has a net lettable area of 25,980 m2. The building had close to 100% occupancy as of December 31, 2007, key tenants include Hitachi and American Express. Hitachi Tower was designed by Inc.. Architects, local firm Architects 61 Pte Ltd, it was completed in 1992. Other firms involved in the development include Hitachi, CapitaLand Commercial Limited, Savu Investments Private Limited, CapitaLand Limited, Obayashi Gumi Corporation, Sendai Eversendai Engineering Group, Steen Consultants Private Limited, PCR Engineers Private Limited, Rider Hunt Levett & Bailey.
On January 16, 2008, CapitaLand sold its 50% stake in Hitachi Tower for S$403.5 million, which it had earlier bought in 2000. The National University of Singapore, which owns the remaining 50% of the office building sold its stake. Upon the deal’s completion, CapitaLand will recognise a gain of S$110.1 million. According to CapitaLand, the deal took into consideration the agreed value of the development at $811 million, or about $2,900 per square foot of net lettable area, it claimed the consideration was arrived at on a willing-buyer willing-seller basis. However, the company did not state the buyer, but sources said that the building was bought by a fund linked to Goldman Sachs; this is based on the fact a year earlier. In January 2011, NTUC Income acquired a 49 percent stake in Savu Investments, the holding company which owns the asset, from Goldman Sachs. In January 2013, NTUC Income bought over Goldman Sach's remaining 51% stake in Savu Investments, the acquisition valuing the property at around $660 million, or less than $2,400 per square foot, on a net lettable space of over 278,000 square feet.
16 Collyer Quay is linked to the 33-storey Chevron House by a four-storey glass galleria. According to the Urban Redevelopment Authority, the two buildings are designed and planned in parallel, with each tower takes on different architectural expressions, while complementing each other to "strengthen the urban quality" of Raffles Place; the building is topped off by a two-storey navigating beacon. URA claims, its facade is expressed in three parts, which breaks the verticality of the 37-storey tower and creates a stepping down effect that matches with the height of its shorter neighbour, Tung Centre. At the urban level, the two buildings respect and are designed around established patterns of pedestrian movement and urban use; the bank lobby is lifted to the upper floors to create Change Alley on the first storey, a pedestrian thoroughfare lined with retail activities, today, a well-used and vibrant space linking Raffles Place to Collyer Quay. List of tallest buildings in Singapore Hitachi
A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory. Buildings come in a variety of sizes and functions, have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, aesthetic reasons. To better understand the term building compare the list of nonbuilding structures. Buildings serve several societal needs – as shelter from weather, living space, privacy, to store belongings, to comfortably live and work. A building as a shelter represents a physical division of the outside. Since the first cave paintings, buildings have become objects or canvasses of much artistic expression. In recent years, interest in sustainable planning and building practices has become an intentional part of the design process of many new buildings; the word building is the act of making it. As a noun, a building is'a structure that has a roof and walls and stands more or less permanently in one place'.
In the broadest interpretation a fence or wall is a building. However, the word structure is used more broadly than building including natural and man-made formations and does not have walls. Structure is more to be used for a fence. Sturgis' Dictionary included that " differs from architecture in excluding all idea of artistic treatment; as a verb, building is the act of construction. Structural height in technical usage is the height to the highest architectural detail on building from street-level. Depending on how they are classified and masts may or may not be included in this height. Spires and masts used as antennas are not included; the definition of a low-rise vs. a high-rise building is a matter of debate, but three storeys or less is considered low-rise. A report by Shinichi Fujimura of a shelter built 500 000 years ago is doubtful since Fujimura was found to have faked many of his findings. Supposed remains of huts found at the Terra Amata site in Nice purportedly dating from 200 000 to 400 000 years ago have been called into question.
There is clear evidence of homebuilding from around 18 000 BC. Buildings became common during the Neolithic. Single-family residential buildings are most called houses or homes. Multi-family residential buildings containing more than one dwelling unit are called a duplex or an apartment building. A condominium is an apartment rather than rents. Houses may be built in pairs, in terraces where all but two of the houses have others either side. Houses which were built as a single dwelling may be divided into apartments or bedsitters. Building types may range from huts to multimillion-dollar high-rise apartment blocks able to house thousands of people. Increasing settlement density in buildings is a response to high ground prices resulting from many people wanting to live close to work or similar attractors. Other common building materials are concrete or combinations of either of these with stone. Residential buildings have different names for their use depending if they are seasonal include holiday cottage or timeshare.
If the residents are in need of special care such as a nursing home, orphanage or prison. Many people lived in communal buildings called longhouses, smaller dwellings called pit-houses and houses combined with barns sometimes called housebarns. Buildings are defined to be substantial, permanent structures so other dwelling forms such as houseboats and motorhomes are dwellings but not buildings. Sometimes a group of inter-related builds are referred to as a complex – for example a housing complex, educational complex, hospital complex, etc; the practice of designing and operating buildings is most a collective effort of different groups of professionals and trades. Depending on the size and purpose of a particular building project, the project team may include: A real estate developer who secures funding for the project. Other possible design Engineer specialists may be involved such as Fire, facade engineers, building physics, Telecomms, AV (Audio V
Kohn Pedersen Fox
Kohn Pedersen Fox Associates is an American architecture firm which provides architecture, interior and master planning services for clients in both the public and private sectors. KPF is one of the largest architecture firms in the world and is one of the largest in New York City, where it is headquartered. Today, KPF's projects include civic and cultural spaces, commercial office buildings, transportation facilities and hospitality developments and institutional facilities, diverse mixed-use commercial developments. KPF’s projects over the last 10 years include Roppongi Hills in Tokyo, Unilever House in London, the Mandarin Oriental, Las Vegas, the Stephen M. Ross School of Business in Ann Arbor, the RBC Centre in Toronto, the University of Minnesota Science Teaching and Student Services Center, Centra Metropark in Iselin, New Jersey, the Heron Tower in London and the Buffalo United States Courthouse. Over the past few years, KPF has completed the tallest towers in a number of countries: Lotte World Tower, the tallest in Korea, the International Commerce Centre, the tallest in Hong Kong, Tour First, the tallest building in France.
In New York, KPF is presently designing the Hudson Yards Redevelopment Project, a 26-acre site on Manhattan's West Side, the largest undeveloped single piece of property on the island. In New York, KPF completed NYU's new College of Nursing, Dentistry & Bio-Engineering Institute in collaboration with EYP Architects and the 390,000-square-foot CUNY Advanced Science Research Center. KPF completed One Jackson Square and served as Executive Architect for the 10-year phased expansion and renovation of New York's Museum of Modern Art. Current projects around the world include the Midfield Terminal Complex at the Abu Dhabi International Airport and the 660-meter-tall Ping An Finance Centre in Shenzhen, China. For a firm of its size, KPF takes on an unusually large number of restoration and renovation projects. Examples of this work include The World Bank Headquarters, Unilever House, The Landmark in Hong Kong. KPF has been recognized for workplace collaboration. KPF’s intranet “Architectural Forum” has been described in Architectural Record as an example of “a resource that contributes to a learning environment through mentoring supporting teams and individuals with new ideas, sharing best practices”.
KPF was founded in 1976 by A. Eugene Kohn, William Pedersen, Sheldon Fox. Shortly thereafter, the American Broadcasting Company chose KPF to redevelop a former armory building on Manhattan’s West Side to house TV studios and offices; this led to 14 more projects for ABC over the next 11 years, as well as commissions from major corporations across the country, including AT&T and Hercules Incorporated. By the mid-1980s, KPF had nearly 250 architects working on projects in cities throughout the United States. In 1985, John Burgee called KPF “The best commercial firm now practicing in the U. S.” KPF's design for 333 Wacker Drive in Chicago, awarded the AIA National Honor Award in 1984, made the firm nationally famous. It remains a Chicago landmark, was voted “Favorite Building” by the readers of the Chicago Tribune in both 1995 and 1997. In 1986, KPF’s Procter & Gamble Headquarters in Cincinnati, which included an open plan interior design by Patricia Conway, was recognized for its innovative design with the AIA National Honor Award.
After its success with these projects, KPF was selected to design the IBM World Headquarters in Armonk, NY, the Chicago Title and Trust Building in Chicago, the Federal Reserve Bank of Dallas. In the 1990s, KPF took on a larger number of government and civic projects, including the Foley Square U. S. Courthouse in New York, the Mark O. Hatfield U. S. Courthouse in Portland, OR, the U. S. Courthouse of Minneapolis, the Buffalo Niagara International Airport and the multiple award-winning redevelopment of The World Bank Headquarters in Washington, D. C.. KPF’s winning entry in the international competition for the World Bank Headquarters, which drew 76 entrants from 26 countries, was the only entry that included the retention of existing structures. KPF’s sensitive design solution for the World Bank, its first D. C. project, set the tone for KPF’s future high-profile international work. In the 1980s and 1990s, KPF transformed from an American firm known for its corporate designs into an international firm with institutional and transportation commissions in addition to corporate work.
KPF completed the design for two blocks of the large-scale Canary Wharf redevelopment and the Goldman Sachs Headquarters on Fleet Street. KPF has been selected for projects in the Canary Wharf area through the present day, including the Clifford Chance Tower to the KPMG's European Headquarters. KPF’s subsequent work in the U. K. includes Thames Court in London, the Rothermere American Institute at Oxford University and the master plan for the London School of Economics. KPF’s design for the award-winning Westendstraße 1 in Frankfurt, an early example of mixed-use design, further increased the firm's international prominence and solidified the firm's reputation as a progressive global practice. KPF was chosen for subsequent projects throughout Europe, including Provinciehuis in The Hague, Danube House in River City, the expansion and renovation of the World Trade Center in Amsterdam and the Endesa Headquarters in Madrid. KPF's introduction to the Asian market began with the 4,500,000-square-foot Japan Railways Cent
Asia Square is a retail and office building located along Marina View at Marina Bay in Singapore. It is located in Singapore's new business and financial precinct, it comprises 2,000,000 square feet of office space, over 30 entertainment and dining premises, as well as the largest gym in the Central Business District. Asia Square is Singapore's first commercial development integrated with a business hotel, The Westin Singapore, located at Tower 2. A 100,000 square feet landscaped The Cube, links the two towers at Asia Square. Asia Square Tower 1, which consists of 43 floors, was opened on 8 November 2011 by Emeritus Senior Minister Goh Chok Tong; the Honorary Consulate of Slovenia is on the ninth floor of this building. Asia Square Tower 2, which consists of 46 floors, was opened on 19 November 2013. On 14 October 2015, CapitaLand and a consortium of Norway's sovereign wealth fund has been chosen as the preferred bidder to buy the Asia Square Tower 1 office building. On 4 November 2015, CapitaLand has pulled out of talks on the acquisition.
BlackRock Real Estate mentioned. On 6 June 2016, Qatar Investment Authority, a sovereign wealth fund, has agreed to purchase the building for S$3.4 billion. Citi is the anchor tenant for Asia Square Tower 1, giving Citi the right to external signage on the building. Tower 1 houses Citi Singapore headquarters and Citi Private Bank. Other Tower 1 tenants include the global investment bank New State Corporation, the Taipei-based Global Financial Services Group CTBC Bank at #33-02, China Citic Bank International, Julius Baer, China Fortune Land Development's international HQ, the Swiss National Bank, Bank Sarasin, Lloyd's of London, Marsh & McLennan, White & Case, Booz Allen Hamilton, Royal Bank of Canada and Sinochem. Leading service office Regus has set up a business centre on level 7. A fitness brand from Hong Kong occupies the entire level 6 at Asia Square Tower 1, a total of 32,000 square feet, said to be Singapore's largest gym. Tenants of Asia Square Tower 2 include: Mizuho, Westpac, Bank Mandiri, Just Office, Mercuria Energy Trading, National Australia Bank, Nikko Asset Management, Platinum Equity Advisors, Russell Reynolds, Scor Re and Swiss Re.
The development incorporates several environmental sustainable features. It has the largest photovoltaic cell installation on the roof in Singapore and the first bio-diesel generation plant in a commercial development in the CBD. Asia Square achieved both the Leadership in Energy & Environmental Design Core and Shell Platinum certification by the US Green Building Council and Green Mark Platinum Award by the Building and Construction Authority of Singapore, making it one of Asia's greenest buildings. List of tallest buildings in Singapore
UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centers as the largest Swiss banking institution in the world. UBS client services are known for their strict bank–client confidentiality and culture of banking secrecy; the bank's large positions in the Americas, EMEA, Asia Pacific markets make it a global systemically important financial institution. UBS was founded in 1862 as the Bank in Winterthur alongside the advent of the Swiss banking industry. During the 1890s, the Swiss Bank Corporation was founded, forming a private banking syndicate that expanded aided by Switzerland's international neutrality; the Bank of Winterthur merged with Toggenburger Bank in 1912 to form the Union Bank of Switzerland and grew after the Banking Law of 1934 codified Swiss banking secrecy. Following decades of market competition between the SBC and UBS, the two merged in 1998 to create a single company known as "UBS".
During the early 2000s, the commensurate rise of UBS and Credit Suisse established a legally-sanctioned oligopoly on Swiss private market activity. After UBS managed heavy losses during the 2008 financial crisis with an asset relief recovery program, it was hit with the 2011 rogue trader scandal resulting in a US$2 billion trading loss. In 2012 the bank limited its sell side operations. Apart from private banking, UBS provides wealth management, asset management, investment banking services for private and institutional clients with international service. UBS manages the largest amount of private wealth in the world, counting half of the world's billionaires among its clients. Despite its trimming of sell side operations, UBS is among the world's nine "Bulge Bracket" investment banks and is considered a global primary market maker; the bank maintains numerous underground bank vaults and storage facilities for gold bars around the Swiss Alps and internationally. Due to its banking secrecy, it has been at the center of numerous tax avoidance investigations undertaken by U.
S. French, German and Belgian authorities. UBS operations in Switzerland and the United States were ranked first and second on the 2018 Financial Secrecy Index; as of 2017, UBS is the 11th largest bank in Europe with a market capitalization of $64.5 billion. It has over CHF 3.2 trillion in assets under management CHF 2.8 trillion of which are invested assets. In June 2017, its return on invested capital was 11.1%, followed by Goldman Sachs' 9.5%, JPMorgan Chase's 9.2%. In late 2016, UBS established a blockchain technology research lab in London to advance its cyber security and encryption of client activities. Based on regional deal flow and political influence, UBS is considered one of the "biggest, most powerful financial institutions in the world"; the company's capital strength, security protocols, reputation for discretion has yielded a substantial market share in banking and high level of brand loyalty. Alternatively, it receives routine criticism for facilitating tax noncompliance and off-shore financing.
UBS is a joint-stock company pursuant to Swiss laws. Its shares are listed at the New York Stock Exchange; as of December 2018, UBS is present in all major financial centers worldwide, having offices in 50 countries, with about 31% of its approx. 66,900 employees working in the Americas, 32% in Switzerland, 19% in Europe, the Middle East and Africa and 18% in the Asia Pacific region. The bank has its major presence in the United States, its American headquarters for investment banking are located in New York City, for private wealth management in Weehawken, New Jersey. They used to have sales & trading in Stamford, but that office has since closed; the company's global business groups are global wealth management, investment bank, asset management and personal & corporate banking. UBS is the leading provider of retail banking and commercial banking services in Switzerland, as established in 2009. Overall invested assets are $3.101 billion, shareholders' equity is $52.928 billion and market capitalization is $45.907 billion by the end of 2018.
In November 2014, the shares in UBS Group AG were listed and started trading as a new holding company at the NYSE and SIX Swiss Exchange. Upon application and with the effect as of 14 January 2015, the shares of the USB AG, the subsidiary of the UBS Group AG, were delisted from the NYSE; as of July 2018, the largest institutional shareholders are: As of 30 June 2018, the geographical distribution of the shareholders presents itself as follows: UBS' corporate structure includes four divisions in total as of June 2018: Starting on 9 June 2003, all UBS business groups, including UBS Paine Webber and UBS Warburg, were rebranded under the UBS moniker following company's start of operations as a unified global entity. UBS's global wealth management division offers high-net-worth individuals around the world a range of advisory and investment products and services; as of the end of 2016, UBS Wealth Management's invested assets totaled CHF 977 billion. The whole companies assets under management amounted to US$1,737.5 billion in 2015, representing a 1% decrease in AuM compared to the equivalent data of 2014.
As of 2018, UBS manages the largest amount of private wealth in the world, counting half of the world's billionaires among its clients. More than 60% of total invested assets in UBS Wealth Management belong to individuals with a net-worth of CHF 10 million or more. Of the remaining 40% of total invested assets, 30%
Marina Bay Financial Centre
The Marina Bay Financial Centre is a mixed-use development located along Marina Boulevard and Central Boulevard at Marina Bay, Singapore. It consists of three office towers, two residential towers and retail space at Marina Bay Link Mall, occupying a 3.55 hectare site. The construction of the Marina Bay Financial Centre development comprises two phases, with its first phase completed in 3Q 2010; the entire development was completed in 2012 and the grand opening of Marina Bay Financial Centre was officiated by Singapore Prime Minister Lee Hsien Loong on 15 May 2013. The first phase consists of the office Towers 1 and 2, Marina Bay Residences with 428 units and 94,500 square feet of the retail mall; the local architect for phase 1 was DCA Architects Pte Ltd. The second phase comprises office Tower 3, 84,500 square feet of the retail mall and Marina Bay Suites with 221 units. Marina Bay Suites attained TOP in June 2013. For this major project, Schindler Singapore supplied a total of 105 units of elevators and 6 units of escalators.
Clyde & Co Clasis Singapore Private Limited located on the 30th floor of the office Tower 3, houses the Honorary Consulate of Iceland. Tower 1 is leased to international banking and financial institutions such as Standard Chartered bank, the anchor tenant occupying 500,000 square feet of office space, Baker & McKenzie, Raffles Quay Asset Management, Societe Generale, Wellington Management Company. Tower 2 is leased to multi-national institutions such as IBM, American Express, BHP Billiton, Bank Pictet, Eastspring Investments, ICAP, The Macquarie Group, Nomura Securities and Servcorp. Tower 3's anchor tenant is DBS Bank. Other tenants comprise a mix of multinational companies from various sectors such as legal firms, real estate development, financial services and specialist food providers, energy trading and technology companies, they include Booking.com, Ashurst LLP, Aryzta AG, Clifford Chance, Endurance Specialty Insurance Ltd, Fitness First, Gunvor, Louis Dreyfus, Lynx Energy Trading, M&A Development Pte Ltd, S&P Global, Mead Johnson, Software AG, Trammo and WongPartnership.
Tower 3 attained TOP in March 2012. Marina Bay Suites, the second luxury residential development won the FIABCI Singapore Property Awards 2014; the Singapore Property Awards is the local chapter of the international FIABCI Prix d'Excellence Awards. Marina Bay Financial Centre clinched the top award in the Office category at the FIABCI Prix d'Excellence Awards 2012, which recognises the world's outstanding real estate developments. Marina Bay Residences was runner-up in the Residential category. Marina Bay Financial Centre won the Gold award for the mixed-use category in the MIPIM Asia Awards 2011, which honours outstanding real estate projects in the Asia Pacific region. MBFC won the Participants‟ Choice Award, which honours the project that receives the most delegate votes. Marina Bay Residences and Marina Bay Financial Centre Phase 1 were named winners in the Residential and Office Categories at the inaugural FIABCI Singapore Property Awards held in October 2011. Marina Bay Financial Centre has won accolades for its achievements towards environmental sustainability under the BCA Green Mark awards.
2009 – BCA Green Mark Gold Plus Award for Phase 2 2009 – BCA Green Mark Gold Award for Marina Bay Suites 2008 – BCA Green Mark Gold Award for Phase 1 2007 – BCA Green Mark Gold Award for Marina Bay Residences Marina Bay Link Mall offers about 179,000 sq ft of retail and dining space. Phase 1 was opened to the public on 3 November 2010; the mall is a subterranean mall with shops at the basement, ground level, the office towers and an alfresco dining area at the Ground Plaza located between MBFC Tower 1 and Marina Bay Residences. Downtown MRT station is linked to Basement 2 of Marina Bay Link Mall. 5 mins walk from Marina Bay MRT station on the North South Circle Line. 10 mins away from Raffles Place MRT station on North South Line and East West Line