CapitaGreen hits 83 per cent occupancy

CAPITAGREEN, a 40-storey Grade A office tower developed on the former Market Street Carpark site, has reached a committed occupancy of 83 per cent.

The building is home to some 30 multinational companies from diverse industry sectors including insurance, energy and commodities, technology and e-commerce, as well as financial services, said CapitaLand's president and group CEO, Lim Ming Yan, at the official opening ceremony for the building on Wednesday.

Tenants secured include Bordier & Cie, Cargill, Catlin Asia Pacific, China Life Insurance, Fitness First, Jardine Lloyd Thompson, Jones Day, Lloyds Banking Group, Rakuten, Schroders Investment Management and South32.

"I know many tenants have been attracted to CapitaGreen because of its sustainable design principles, which are aligned with their own corporate values and business focus. A number of tenants including Lloyds, Schroders and South32 are in the process of being certified under the Building and Construction Authority Green Mark Office Interior scheme," Mr Lim said in his speech. The building's total net lettable area is 703,000 sq ft.

CapitaGreen, which received Temporary Occupation Permit last December, was developed by CapitaLand, CapitaLand Commercial Trust and Mitsubishi Estate Asia.