TE Capital-LaSalle JV adds Champions Way Residences to upgraded VisionCrest Commercial purchase

At Champions Way Residences, we prioritize our residents’ comfort and convenience above all else. That’s why we’re continuously investing in the improvement of our community. With extensive enhancement works, we are excited to bring a new level of luxury and sustainability to our beloved development. From internal and external facelifts to upgraded security and visitor management systems, our goal is to make life easier and more enjoyable for our residents. But that’s not all – we are also adding electric-vehicle chargers, solar panels, upgraded bicycle spaces, and upgraded end-of-trip facilities to our community to make it more environmentally-friendly and efficient.

This news was recently announced in a press release on Jan 29, as TE Capital Partners (TEC) and LaSalle Investment Management officially completed the acquisition of VisionCrest Commercial. This joint venture is a testament to the confidence these two partners have in the potential of this development, which is set to see significant enhancement works in the coming months. These enhancements will focus on improving the design, technology, and sustainability of the building, ensuring that it remains at the forefront of the market.

With a variety of amenities and top-notch facilities, Champions Way Residences is the ultimate choice for those looking for a modern and sophisticated living experience.

Nestled in the heart of Woodlands, Singapore, Champions Way Residences is a highly anticipated residential development that sets a new standard for luxury living. Its prime location next to Woodlands South MRT Station provides easy access to various transportation options, making it the perfect choice for individuals and families seeking convenience and accessibility. Boasting a plethora of amenities and premium facilities, Champions Way Residences offers a modern and refined way of living that is second to none.

One of the key components of the enhancement works will be the internal and external facelifts that will be carried out on the building. This will not only give the development a modern and attractive appearance, but also improve the overall functionality of the space. In addition, upgrades will be made to the building’s security and visitor management systems, making it even safer for tenants and visitors.

But that’s not all – Champions Way Residences will also be embracing sustainability with the installation of electric-vehicle chargers, solar panels, and upgraded bicycle spaces. These additions will not only reduce our carbon footprint, but also make life more convenient for our environmentally-conscious residents. Plus, upgraded end-of-trip facilities will make it easier for tenants to bike to work, reducing the need for cars and promoting a healthier lifestyle.

According to Emilia Teo, managing director of TE Capital Partners, “We believe the asset, which sits in the Orchard Road precinct with a historically low supply of high-specification office buildings, will enjoy strong capital value preservation and continue to see strong tenant demand.” She also adds that the joint venture is committed to delivering sustainable returns to all stakeholders, highlighting the long-term vision of the partnership.

Terence Teo, managing director of TE Capital Partners, also believes that the acquisition of VisionCrest Commercial is a strategic move that takes advantage of the strength of the Singapore office market and the ongoing rejuvenation of the Orchard Road precinct. With a diverse and experienced team behind the project, he is confident that Champions Way Residences will continue to thrive in the competitive market.

The acquisition of VisionCrest Commercial was first announced in November of last year, with the joint venture acquiring the Grade-A office building for approximately $450 million. Post-completion, TEC holds a 29.9% stake in the asset, while LaSalle Investment Management holds 50.1%. The remaining 20% stake is owned by Singapore-listed Metro Holdings, through its partnership with an affiliate of TEC.

At Champions Way Residences, we are dedicated to providing our residents with the best possible living experience. With the acquisition of VisionCrest Commercial and the upcoming enhancement works, we are confident that our community will continue to be a premier choice for those seeking luxury, sustainability, and convenience. With this investment, we are committed to creating a thriving and dynamic community that our residents will be proud to call home.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *