Strong leasing interest for part of StanChart space in MBFC

Singapore

THE asset manager of the Marina Bay Financial Centre (MBFC) has received strong interest from potential tenants for about 200,000 sq ft office space that it has been actively marketing in the development's Tower 1. This is part of the roughly 400,000 sq ft currently leased to Standard Chartered (StanChart) in the tower.

The space being marketed occupies nine-and-a-half floors. "We have received very strong interest from occupiers in a range of industries, given the prominent location and views over Marina Bay," said Rob Garman, executive director of Hongkong Land, which owns a one-third stake in the commercial space at MBFC. He is also a director at Raffles Quay Asset Management (RQAM), the asset manager for the commercial space at MBFC and the nearby One Raffles Quay.