Bayer moving to Paya Lebar Quarter; taking up 31,000 sq ft

Singapore

Pharmaceutical firm Bayer will shift its main office to Paya Lebar Quarter (PLQ) at the end of the year, joining other companies which have taken up space in the mixed-use development such as JLL and SMRT.

The Business Times understands that Bayer - which is moving from OCBC Centre - is taking up 31,000 square feet at PLQ. Bayer did not respond to queries from BT by press time.

CBRE is believed to have brokered the deal.

Already at PLQ is SMRT, which has shifted its headquarters from North Bridge Road to PLQ's Tower 3 where it has taken up 97,000 sq ft, while JLL is said to be taking space in Tower 1. BT has also reported previously that IWG's Spaces will have a 52,000 sq ft co-working space at PLQ, while Great Eastern has leased 125,000 sq …