Gym operator Virgin Active to be anchor retail tenant at Guoco Tower

Singapore

PROPERTY developer GuocoLand has found an anchor tenant for the retail component of its Guoco Tower office building in Tanjong Pagar, it said in a press release on Wednesday.

It has signed a multi-year contract with gym operator Virgin Active for a 31,000 sq ft fitness facility on the building's sixth floor, it said, adding that the gym would be open by mid-2016. That is roughly when GuocoLand expects to complete its Tanjong Pagar Centre mixed-use project atop Tanjong Pagar MRT.