112 Robinson Road, Singapore

112 Robinson Road in Singapore, a Green Mark Platinum freehold office building located within the Shenton Way/Tanjong Pagar sub-market of Singapore’s Central Business District (CBD) is the latest acquisition of the Munich-based family office AM ALPHA, specialising in joint real estate investments with private and institutional investors.

The Shenton Way/Tanjong Pagar precinct is one of the most important office locations in Singapore’s CBD and has received tremendous enhancements over the last five years with the redevelopment of buildings into large-scale mixed-use developments. This has further increased the attractiveness of the area, helping to attract new occupiers such as Microsoft, Allianz or Itochu to the precinct. 

Policy efforts to encourage the development of a so-called live-work-play CBD have resulted in a significant increase in residential properties, hotels and serviced flats; this precinct now accounts for over 50% of homes and over 30% of hotels/serviced flats within the CBD. The rejuvenation is expected to continue for the next five to ten years, as the Urban Redevelopment Authority
launched the CBD Incentive Scheme in 2019 to encourage redevelopment. New redevelopments in the pipeline include AXA Tower, Keppel Towers and Fuji Xerox towers. 
For its latest acquisition, AM ALPHA will develop multiple concepts to take this property to a new level. The strategy envisions creating a highly attractive boutique office providing sensible accommodation solutions for small to mid-sized occupiers who not only appreciate a more conducive work–life environment, but who also need an easily accessible office close to their clientele base and wish to work in an environment that meets the highest standards in terms of sustainability.
 
This acquisition – which, despite the pandemic, is one in a series of recent acquisitions in the region over the past two years – demonstrates AM ALPHA’s confidence in the Asia-Pacific market and reinforces its commitment to substantially grow its diversified portfolio in the region. Since the incorporation of its Asia-Pacific office in 2007, AM ALPHA has successfully invested in Australia, China, Japan, South Korea and Singapore.
 
According to Martin Lemke, Managing Director at AM ALPHA: “We started 2022 with great momentum and are well-positioned to further expand our presence in both the Asia-Pacific and Europe region. In the process, we pursue a particularly conscientious approach in taking buildings to a new level of sustainability through extensive management. One example from an ongoing project is the conversion of the Rylands Building in Manchester, United Kingdom, into a sustainable net zero carbon building. Plans are still being evaluated for 112 Robinson Road, which is already a Green Mark Platinum building. We will continue to incorporate ESG considerations in our investment strategies in order to help build a better and more sustainable environment.” 

AM ALPHA was supported on the purchase by Dentons Rodyk (legal), Greengate Advisors (technical) and KPMG (tax). The vendor was represented by QED Law Corporation (legal) and Cushman and Wakefield. 

AM ALPHA is a Munich based privately owned real estate family office that focuses on global investments in prime real estate on its own account and in collaboration with family offices, private clients and endowments in Europe and Asia. The company is represented in Europe in all major real estate markets with its own offices. Its Asian operations are headquartered in Singapore, with offices in the gateway cities in the Asia Pacific region. AM ALPHA has also received all necessary licenses from German regulator BaFin acting as a German regulated capital management company (Kapitalverwaltungsgesellschaft – KVG) and Alternative Investment Fund Manager (AIFM). The real estate firm is currently managing a substantial Asia Pacific and European portfolio.