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" With Distrii opening its first international centre at CDL’s flagship Republic Plaza in Singapore, we are delighted to deepen our strategic partnership with Distrii to create the next milestone in the evolution of smart buildings. We are combining CDL’s real estate capabilities and Distrii’s technological prowess to introduce a whole new level of possibilities that will up the ante on smart workplaces for the future. "
Mr Sherman Kwek
CDL Group Chief Executive Officer
Located in the heart of Singapore’s Central Business District (CBD), Distrii Republic Plaza has officially launched in July.
Spanning 62,000 square feet (sq ft) across six floors, Distrii Republic Plaza is the single largest co-working facility in Singapore. In addition to over 900 work stations, private offices and customisable team space, it features a flexible multi-purpose event hall with capacity of up to 200 pax as well as a food and beverage (F&B) facility operated by popular German burger chain Hans Im Glück
Distrii Republic Plaza features a flexible multi-purpose event space with a 170-inch 4K display screen and a capacity of up to 200 pax, catering to seminars and workshops.
Distrii differentiates itself from other co-working operators through its proprietary enterprise collaboration and productivity tool developed by its in-house technology experts.
Distrii is the first co-working space provider to develop a holistic cloud-based system that boosts efficiency and simplifies daily business operations by integrating business solutions into a single hassle-free application.
The in-house-built and member-exclusive app supports high-quality voice calls, video conferencing, task management and internal administration management. The app also includes networking and community building enablers such as an Opportunity Sniffer to help its members identify and alert relevant business opportunities. Members can also easily book and access secured meeting rooms, workspaces and smart storage lockers via the Distrii app for over 30 Distrii co-working locations in Shanghai, Beijing, Hangzhou and Singapore.
Distrii’s proprietary app enables members to conveniently reserve work desks, meeting rooms, event spaces and video conferencing facilities.
Prior to its official opening, Distrii Republic Plaza had already secured over 60% in occupancy rate. Members include global blockchain incubator BitTemple, which will occupy the entire workspace on Level 5. In addition, Distrii’s China customer base of 15,000 members can now access the facilities offered at Distrii Republic Plaza. Likewise, Distrii’s Singapore customers will be able to access its centres in China. This will offer convenience and cost-effectiveness for businesses from both sides to expand in Singapore and China respectively.
In 2017, CDL invested a total of RMB 102 million (approx. S$21 million) in Distrii, making CDL the second largest shareholder after its founder. Taking their strategic partnership a step further, CDL and Distrii have inked an IT joint venture (JV) that combines the strengths of real estate, co-working expertise and disruptive technology to transform the work environment. Distrii will work with CDL in Southeast Asia to develop Smart Office and Building applications, which will pilot at Republic Plaza by 1H 2019 as part of CDL’s Asset Enhancement Initiative (AEI).
Distrii CEO Dr Hu Jing (left) and CDL Group CEO Mr Sherman Kwek (right) announced their new IT JV between the two companies at the media preview of Distrii Republic Plaza.
Through the Smart Office app, Republic Plaza’s tenants can sign up as a Distrii member to book smart facilities, such as lockers, work stations and meeting facilities located at Distrii’s premise. The Smart Building app will enable Republic Plaza app users to access the building with their mobile phones instead of carrying multiple access cards, and also features building feedback and a tenant billing and payment system. The JV intends to introduce the technology across CDL’s commercial portfolio in Singapore and Southeast Asia.
Dr Hu introducing Distrii’s proprietary enterprise collaboration and productivity tool developed by its in-house technology experts.
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