Vacated Citi space at Millenia Tower taken up

REFLECTING resilient demand for secondary office space vacated in older but choice office buildings, all of the 143,000 square feet under Citi's lease at Millenia Tower expiring next month has found new takers.

Citi began to vacate the space earlier this year, completing its exit from the building in July. This marked the final leg of the group's four-phase departure from Millenia Tower and the next-door Centennial Tower that began in 2011.

Prior to that, Citi had occupied a total of about 440,000 sq ft in the two buildings, which are part of the Millenia Singapore development owned by Pontiac Land Group.

In 2011, Citibank began its move to Asia Square Tower 1.

Among those who have leased the 143,000 sq ft at Millenia Tower that Citi is giving up are four tenants who have each leased a floor of 17,000 sq ft - PayPal, Barry Callebaut, Bank of New Y…