Heavyweight Singapore Office REIT CapitaCommercial Trust (CCT) (SGX:C61U) has two of its properties awarded by the Building and Construction Authority of Singapore (BCA). CapitaGreen was awarded the BCA Universal Design GoldPLUS while Capital Tower’s Green Mark accreditation was upgraded from Gold to Platinum, the highest accolade for the Green Mark award in recognition of the building’s high standards of environmental sustainability.

Capital Tower is one of the first office buildings in Singapore  to be certified Green Mark Gold upon the launch of the BCA Green Mark in 2005. 

CapitaGreen is a Grade A office tower at 138 Market Street and is currently under development. This joint development by CCT, together with CapitaLand and Mitsubishi Estate Asia, is scheduled for completion by end 2014. In 2012, CapitaGreen received the BCA Green Mark Platinum award. This year’s Universal Design GoldPLUS (Design) endorses the building’s truly user-friendly features that have been designed for people of all ages and abilities and is a testament to CapitaLand Group’s motto: “Building for People”.

Meanwhile Capital Tower, a 52-storey Grade A office building with a direct link to the Tanjong Pagar MRT, surpassed its earlier certification and won a Green Mark Platinum during this year’s assessment.

Ms Lynette Leong, Chief Executive Officer of the Manager, said, "We are pleased that our efforts have received recognition from BCA. Including Capital Tower, CCT now has four properties with the Green Mark Platinum accolade. The other three properties are CapitaGreen, Six Battery Road and Twenty Anson."

Unit of CCT are currently trading at 1.71 on the Singapore Exchange.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.