The revitalised riverside lifestyle hub offers an exciting new tenant mix with refreshed concepts such as: • Lifestyle, food & beverage offerings FairPrice Finest Clarke Quay with their signature grocer bar, Swee Lee Clarke Quay, BOLD Fitness and a wide of range of food & beverage offerings such as Home Singapore, a duo concept (Home Dawn andHome Dusk), Chapters by Drinks & Co, Nana Thai Royale and Sanchos are sure to delight the palates of the consumers. • Leisure & entertainment options While Zouk and The Riverhouse remain a mainstay at CQ @ Clarke Quay, there is a good mix of live music options such as Simply Retro by Tin Box Group and other entertainment choices including K. Star Karaoke and Slingshot. • Pet-friendly amenities Pet owners can bring their pets to explore and hang out by the riverfront with many pet-friendly choices at The Riverfront. New pet-friendly amenities such as dedicated hydration bays and pet waste stations will be ready by end of 1Q2024. Other green enhancements include: • Improved thermal comfort Existing angel canopies were upgraded with top-performing ETFEmembrane to reduce solar heat gain by 70% at all the internal streets and optimise daylight conditions. New omni-directional fans were installed, which helped to lower the environmental temperature through evaporative mist cooling with approximate 50% reduction in the energy consumption for these new angel fans. • Improved building efficiency Property management systems were enhanced with the upgrading of the building chiller plant, which raised the property's green rating to Green Mark GoldPLUS by Building and Construction Authority in November 2022. IMM BUILDING - ANCHORING POSITION AS A PREMIER REGIONAL OUTLET DESTINATION With an estimated project budget of S$48.0 million, IMM building will be undergoing a transformation to anchor its position as a leading regional outlet destination in Singapore. Post AEI, shoppers can expect approximately 110 different outlet concepts in IMM Building. The AEI will focus on optimising the tenant mix and enhancing shoppers' experience and aims to generate a return on investment of about 8%. There will be a strategic rightsizing of the supermarket's footprint and a reconfiguration of 126,000 sq ft of NLA on the ground floor. The aesthetics of the common areas, as well as mall amenities like restrooms, will be refreshed and upgraded. In line with our sustainability objectives, the rejuvenated IMM Building will also incorporate more energy-efficient equipment. The mall will remain operational throughout the four-phase AEI starting 1Q 2024, with completion scheduled in 3Q 2025. Including leases under advanced negotiations, around 70%pre-commitment has already been secured for the initial two phases of the upgrading, reflecting robust market interest. New food zone and refreshed aesthetics of common area Artist's impression Overview Leadership Performance Framework Other Information ANNUAL REPORT 2023 43
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