Metro sees demand for decentralised offices as companies diversify beyond CBD

Singapore

PROPERTY and retail group Metro Holdings sees demand for decentralised office space as more companies look to establish regional offices in Singapore.

While the pandemic has raised questions over the future role of offices, group chief executive officer Yip Hoong Mun reckons that there could be demand from tenants in the financial services sector as well as the logistics sector for its Grade A office towers at Tampines Regional Centre owing to its location. In 2019, Metro acquired a 50 per cent stake in the two blocks, marking its entry into the Grade A decentralised office market.