UBS Singapore to take up entire office space at redeveloped Park Mall

Singapore

DEVELOPER SingHaiyi Group and its joint-venture (JV) partners - Suntec Reit and Haiyi Holdings - on Wednesday announced that UBS Singapore has signed on to take up all the office space at the redeveloped Park Mall building, confirming a report by The Business Times (BT) on Apr 1 that the Swiss lender was mulling a consolidation of its Singapore office footprint.

Located at 9 Penang Road, the property is currently undergoing redevelopment and is on track to be completed in the fourth quarter this year, SingHaiyi said.