Kajima Development Pte Ltd & Singapore Press Holdings Limited
Founded in 1840, as one of Japan’s biggest and longest-standing construction firms, Kajima is indeed well-respected in Japan and overseas. The company stock is traded on four leading Japanese stock exchanges. A number of joint initiatives between Kajima and JTC are formed to automate the construction process and to digitalise building operations. In fact, Kajima will invest $100 million to build its first overseas innovation centre, The Kajima Global Hub, right here in Singapore.
As a forerunner in Asia as a major media firm, Singapore Press Holdings Ltd (SPH) was listed and incorporated in 1984. Other than media, SPH is also well-diverse in real estate. 65% in SPH REIT is owned by SPH, where it manages The Rail Mall, The Clementi Mall and Paragon. The Seletar Mall, also an integrated development, is owned by SPH. SPH REIT too is active in Australia.
Both Kajima & SPH will indeed contribute greatly to Singapore and its construction industry. With two giants combined, you can be assured of unrivalled quality real estate in the making.
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