Allianz said to have leased about 78,000 sq ft at Shaw Tower

[SINGAPORE] Allianz is understood to have leased about 78,000 square feet (sq ft) at the new Shaw Tower in Beach Road, in the biggest leasing deal signed so far at the redeveloped project.

The group is expected to relocate from CapitaSky at 79 Robinson Road, where it is said to occupy about 88,000 sq ft. Its lease there will end in March 2027.

The group, one of the world’s leading insurers and asset managers, declined to comment when approached by The Business Times.