Chinatown Point retail mall is managed by Perennial (Singapore) Retail Management Pte. Ltd., a subsidiary of Perennial Real Estate Holdings Pte. Ltd. (“Perennial Group”). Headquartered in Singapore, Perennial Group is a real estate development, investment, property management and capital management company that focuses on predominantly retail mixed-use developments in two core markets; Singapore and the People’s Republic of China.
In Singapore, Perennial Group manages 112 Katong, a premier lifestyle, food and beverage and fashion hub in the Eastern-suburbs and Chijmes, an iconic heritage commercial site in the Central Business District. Perennial Group is also part of the consortium that is developing the landmark integrated Capitol Development in the Downtown Civic District.
Perennial Group operates in the PRC through its sponsored Singapore Mainboard-listed Perennial China Retail Trust (“PCRT”) as well as through other non-listed privately-held structures. PCRT is Singapore’s first pure-play PRC retail development trust with an asset size of approximately S$1.8 billion. In the PRC, Perennial Group invests in large-scale greenfield commercial mixed-use developments, many of which are connected to major integrated transportation hubs.