CapitaCommercial Trust has announced asset enhancement initiative for Six Battery Road, one of its existing Grade A office buildings.

Six Battery Road will be “physically, technically and functionally enhanced to meet the modern-day needs of office tenants and improve the building’s energy efficiency and environmental sustainability”, says CapitaCommercial Trust.

The works are scheduled to commence in October 2010 and executed in phases over four years at a total capital expenditure of $92 million, equivalent to 8% of the property’s valuation as at end December 2009.

The asset enhancement works will start with the ground floor lift lobby, turnstiles and reception area. Other planned areas of enhancement include:
• Increasing ceiling height to 2.8m and installing variable air volume box within office premises (only upon lease expiry);
• Re-designing chiller plant room system, incorporating thermal energy storage system which will improve system efficiency from the current 0.94kW/ton to 0.65kW/ton;
• Introducing “green” elements such as “green” wall with living plants at the main lobby; and
• Upgrading finishes of restrooms, lift lobbies and lift cars.