PRESS RELEASE

Frasers Property is Singapore's first real estate group to attain four WiredScore Platinum certifications

  • Frasers Tower, Alexandra Point, Alexandra Technopark Block A and Block B certified for best-in-class digital connectivity in line with global standards

SINGAPORE, 20 JUNE 2023

Frasers Property announced today that it has attained four WiredScore Platinum certifications for Frasers Tower, Alexandra Point, and Alexandra Technopark Block A and Block B, the highest number obtained by any single property group in Singapore. WiredScore is the global benchmark in digital capabilities and smart building initiatives for buildings, recognising best-in-class capabilities to facilitate and cater to the needs of modern-day office tenants.

All the aforementioned properties are managed by the Group's business unit, Frasers Property Singapore. Alexandra Technopark, held by the Group's real estate investment trust, Frasers Logistics & Commercial Trust (FLCT), attained certifications for both of its two main blocks.

Mr. Jack Lam, Chief Operating Officer, Commercial, Frasers Property Singapore, said, "The WiredScore Platinum certifications are a testament to our strong and continuing efforts in incorporating the highest standard of digital infrastructure in our commercial buildings. We are creating the Future of Work experience for our employees, tenants, and the community at large, as we continuously reimagine the use of workspaces via innovation and digitalisation. Aligned with Frasers Property's Purpose - Inspiring experiences, creating places for good. - we strive to set higher benchmarks in the built environment with innovative, inclusive, and sustainable spaces and solutions across our developments."

To achieve this accreditation, Frasers Tower, Alexandra Point, and Alexandra Technopark must deliver a robust digital infrastructure that enables tenants to tap into reliable and effective connectivity resources. Each of the properties comes with at least four high-speed internet providers and a landlord-owned fibre backbone, enabling swift deployment of data services and reducing installation time for tenants.

Thomasin Crowley, Global Director of APAC at WiredScore, said, "Frasers Property's strong commitment to innovation and future-proofingthe digital connectivity of its commercial properties for both current and new tenants is notable with the WiredScore Platinum certifications. Having achieved four consecutive certifications at the highest level of WiredScore Platinum, Frasers Property evidently recognises the need to constantly evolve and be flexible to the dynamic landscape of technology in utmost anticipation of its customers' needs."

The latest certifications place the aforementioned Frasers Property buildings in an exclusive group of nine assets in Singapore to achieve the Platinum certification by WiredScore to date. WiredScore's extensive scorecard looks at a building's connectivity and mobile solutions, infrastructure and resilience, access readiness, as well as its connectivity innovation. Based on the comprehensive assessment, Frasers Tower, Alexandra Point, and Alexandra Technopark have scored highly in terms of digital connectivity, infrastructure, and readiness as they offer top-notch and resilient digital infrastructure essential for thriving businesses, from small-medium enterprises to multinational corporations.

The changing nature of work drives further transformation of the workspaces, with real-time access to building services to encourage collaboration and engagement. Since 2020, Frasers Property has incorporated an intelligent building management platform at its commercial properties in Singapore, integrating property management systems and automated seamless workflows to enable a more efficient and prompt management of each building's operations.

The seamless connectivity achieved by Frasers Tower, Alexandra Point and Alexandra Technopark leads to a quality workplace experience for its tenants, which further enhances the value of our assets while ensuring future-ready, resilient, and sustainable places.

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About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multinational investor-developer-manager of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$40.1 billion as at 31 March 2023.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX- ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

About Frasers Property Singapore 

Frasers Property Singapore is a strategic business unit of SGX-listed Frasers Property Limited, a multinational company that owns, develops, and manages a diverse and integrated property portfolio.  

Frasers Property Singapore owns, develops and/or manages residential, retail, office and business space properties in Singapore.   

Over the years, it has developed over 22,000 quality homes. It oversees a portfolio of 13 shopping malls in Singapore and six office and business space properties. Ten of the retail assets and one office property is held under Frasers Centrepoint Trust, and another office property is held under Frasers Logistics & Commercial Trust.  

For more information on Frasers Property Singapore, please visit frasersproperty.com/sg.

About Frasers Logistics & Commercial Trust

Frasers Logistics & Commercial Trust ("FLCT") is a Singapore-listed real estate investment trust with a portfolio comprising 107 industrial and commercial properties, worth approximately S$6.8 billion, diversified across five major developed markets - Australia, Germany, Singapore, the United Kingdom and the Netherlands. FLCT was listed on the Mainboard of Singapore Exchange Securities Trading Limited ("SGX-ST") on 20 June 2016 as Frasers Logistics & Industrial Trust and was subsequently renamed Frasers Logistics & Commercial Trust on 29 April 2020 following the completion of a merger with Frasers Commercial Trust. FLCT's investment strategy is to invest globally in a diversified portfolio of income producing properties used predominantly for logistics or industrial purposes located globally, or commercial purposes (comprising primarily CBD office space) or business park purposes (comprising primarily non-CBD office space and/or research and development space) located in the Asia-Pacific region or in Europe (including the United Kingdom). FLCT is sponsored by Frasers Property Limited. FLCT is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index), Straits Times Index and Global Property Research (GPR) 250.

For more information about FLCT, visit frasersproperty.com/reits/flct.

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About WiredScore

WiredScore sets the global standard for technology in the built world through certification and education. A champion of cutting-edge technology in real estate, WiredScore evaluates, improves, benchmarks and promotes digital connectivity and smart technology in homes and offices on a global scale, ensuring that buildings provide a best-in-class infrastructure that businesses and individuals require to thrive. Following success in the US, WiredScore launched in the United Kingdom in October 2015 after winning the Greater London Authority's tender to be the official Mayor of London Digital Connectivity Rating Scheme. International demand for the digital connectivity rating system has since seen the company expand operations across North America and Europe. Since then, over 800 million square feet (75m sq m) of commercial and residential space has been committed to WiredScore certification, impacting 8 million people across 36 countries. For more information on WiredScore, SmartScore or to find WiredScore and SmartScore certified buildings, visit: www.wiredscore.com.

FOR MEDIA QUERIES, PLEASE CONTACT:

CHEN MeiHui

Assistant Vice President, Head of Communications & Branding

Frasers Property Singapore

M +65 8133 8334

  1. fps.comms@frasersproperty.com

Muhd RAHMAT

Consultant

Black Dot Pte. Ltd.

M +65 9277 4846

  1. rahmat@blackdot.sg

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Disclaimer

Frasers Property Limited published this content on 20 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2023 02:20:04 UTC.