Twitter’s potential exit from CapitaGreen to have ‘immaterial’ impact on revenue
Ry-Anne Lim
TWITTER’S potential exit from its office space at CapitaGreen will have an “immaterial” impact on CapitaLand Integrated Commercial Trust’s (CICT) portfolio revenue, said the real estate investment trust on Friday (Jan 13) in response to queries from The Business Times (BT).
Based on reports from 2015, Twitter holds an office space of 22,000 square feet in CapitaGreen, a 40-storey Grade A office tower located in the central business district (CBD). The company had reportedly expanded, leasing an additional floor in the building in Q4 2021.
Twitter is one of CapitaGreen’s top three tenants by gross rental income, according to CICT’s website.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself