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Daimler moving from Centennial Tower to Westgate in Jurong

German group can expect rent savings of about 30% from move; GE Life also signs up at Westgate Tower
Thursday, May 7, 2015 - 05:50
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More than 90 per cent of Westgate Tower's 305,000 sq ft net lettable area has been leased.

Singapore

GERMANY'S Daimler group, which owns the Mercedes-Benz brand, is moving from glitzy Centennial Tower in Marina Centre to Westgate Tower next to Jurong East MRT Station.

The move underscores the importance of saving in occupation cost for corporates, say market watchers.

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