Established in 1976, the Sponsor is a leading integrated property group based in Singapore with operations covering the full spectrum of the real estate value chain, ranging from end-to-end construction, design and development, to fund management. With a strong track record for quality and innovation, the Sponsor is one of the few Singapore construction companies graded A1 by the Building and Construction Authority ("BCA") which allows it to tender for public sector projects without any value limitation.
Given its intimate knowledge of the Singapore industrial market, the Sponsor has been successful in securing a number of development projects from JTC Corporation ("JTC"), in particular the Concept & Fixed Price tender scheme which was a land allocation mechanism by JTC which evaluated bids based on submitted concept proposals rather than based on price. Solaris, West Park BizCentral, Eightrium @ Changi Business Park and Tuas Connection, amounting to 76.2% (by valuation) of Soilbuild REIT's portfolio, were conceptualised, designed and developed by the Sponsor, demonstrating its strong design and development capabilities.
The Sponsor is committed to support Soilbuild REIT over the long term. The Sponsor is the largest unitholder of Soilbuild REIT, holding an aggregate of 24.4% of the total number of units outstanding as at 31 December 2015, demonstrating an alignment of interests with Unitholders. The Sponsor is wholly-owned by Mr Lim Chap Huat.
The Sponsor's experience and track record have been recognised through the various awards and accolades it has received throughout the years, including being the winner of Heritage Brands, Singapore Prestige Brand Awards 2015, and a five time winner of both the Singapore SME Enterprise 50 Awards and the Singapore SME 500 and 1000 Awards.