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Subscribe to this list via RSS Blog posts tagged in Research and Development R&D Centre

S'pore prime office rents rise 19% in 2013

Posted by Property Launch Invest on Wednesday, 26 March 2014 in Property News

They are still less expensive compared to other major financial centres

[SINGAPORE] Despite rents in Singapore's central business district (CBD) surging 19.29 per cent last year, bucking the trend of largely flat rental growth across Asia, office space remains considerably more affordable compared to other major financial centres.

At 803 euros (S$1,389) per square metre (psm) per year, the Republic's occupancy cost was sharply lower than London's West End (2,122 euros); Hong Kong's Central district (1,432 euros); Tokyo's CBD (1,003 euros); and New York's Madison and 5th Avenue (993 euros).

Automotive supplier expands R&D centre in Singapore

Posted by Property Launch Invest on Monday, 23 December 2013 in Property News

Continental's building extension in line with plans to double workforce to more than 1,300 over next 4-5 years

Germany-based automotive supplier Continental yesterday broke ground for a seven-storey wing at its research and development centre, which was itself completed just a year ago.

The extension, which Continental Automotive Singapore managing director Lo Kien Foh expects to be ready next year, is slated to accommodate around 450 employees, and will add 5,000 square metres of floor space to the 10,170 sq m R&D facility.

Nestle, Cameron boost presence in Singapore

Posted by Property Launch Invest on Monday, 23 December 2013 in Property News

Nestle has opened a new extension to its research and development (R&D) centre here.

The Swiss food giant invested almost 4 million Swiss francs ($5 million) in the extension, which is expected to create 20 new jobs this year.

"With this investment, our R&D centre in Singapore becomes our leading global R&D centre for Nescafe coffee mixes and Milo," said Mr Johannes Baensch, Nestle's global head of R&D, at the opening ceremony on Wednesday.