SUBSCRIBERS

Cargill is first tenant at CapitaGreen

It is said to be taking nearly 50,000 sq ft at a monthly rent of over $9 psf

Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Apr 10, 2014 · 10:00 PM

CAPITAGREEN, a new 40-storey Grade A office tower that will be completed on the former Market Street Car Park site in the fourth quarter, has landed its first tenant. Cargill is said to have signed a lease for close to 50,000 square feet on slightly over two floors.

The monthly rental is understood to have crossed $9 per square foot (psf).

Swiss private bank Bordier & Cie is also thought to be on the verge of inking a lease for about 11,000-12,000 sq ft - or half a floor - in the building. It is expected to move out of its current location at GB Building along Cecil Street.

Copyright SPH Media. All rights reserved.