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MarketScreener Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Keppel Land Ltd    KLAN   SG1R31002210


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Keppel Land Ltd : Commitment at Marina Bay Financial Centre Tower 3 exceeds 83 percent

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02/27/2013 | 02:40am EDT

27 Feb 2013
Commitment at Marina Bay Financial Centre Tower 3 exceeds 83 percent

Signing of new tenants brings total space committed to more than 1.1 million sq ft

Marina Bay Financial Centre (MBFC), Singapore's largest integrated mixed-use development located in the heart of the new downtown of Marina Bay, welcomes a number of new tenants at its Tower 3 office building. Occupying approximately 80,000 sq ft of office space, these new tenants bring the overall commitment level at Tower 3 to 83.6 percent.

These new multinational tenants are leading companies in the fields of technology, energy trading, financial services, commodities and specialist food providers. They include German software developer Software AG; Bermuda-based Endurance Specialty Insurance Ltd. Singapore Branch; French oil and gas company Lynx Energy Trading Pte Ltd.; Swiss specialist food business Aryzta AG and US-based Trammo, which also operates under the trade names Trammochem and Transammonia.

Mr Warren Bishop, Chief Executive Officer of Raffles Quay Asset Management (RQAM), the manager for MBFC, said, "The year 2013 started on a positive note with good leasing momentum. MBFC's flexibility in meeting the varied space requirements of companies from diverse sectors has been a key attraction for our new tenants. Combined with our prime location, MBFC continues to build on its reputation as Singapore's most prestigious business address."

A landmark in Singapore's new downtown, MBFC is home to more than 20,000 office workers across different business sectors, offering prime Grade A office space maintained to world-class standards.

For more information, please contact:

Lester Lim
Director of Marketing Communications
Raffles Quay Asset Management Pte Ltd
DID: 6654 1376
Email: Lester.lim@rqam.com.sg

Yvette Lim
Burson-Marsteller for Raffles Quay Asset Management Pte Ltd
DID: 6671 3234
Email: yvette.lim@bm.com

About Marina Bay Financial Centre

Marina Bay Financial Centre (MBFC) sits on a prime 3.55 hectare waterfront site at the heart of Singapore's new downtown. The tenant-centric design of this purpose-built financial centre combines the best in form and function, making it a key draw for businesses and befitting Singapore's position as a global financial hub.

Developed over two phases by Cheung Kong (Holdings), Hongkong Land and Keppel Land, MBFC offers a breathtaking blend of three distinguished office towers with nearly 3 million sq ft of prime Grade A office space, two residential towers comprising 649 luxury apartments and penthouses as well as approximately 179,000 sq ft of retail space to meet the daily convenience of the business community and residents.

MBFC Phase 1 comprising office Towers 1 and 2 and Marina Bay Link Mall is jointly owned by Hongkong Land, Keppel REIT and Suntec REIT, while MBFC office Tower 3 including Phase 2 of Marina Bay Link Mall are jointly owned by Cheung Kong (Holdings), DBS Group Holdings, Hongkong Land and Keppel Land.

MBFC Phase 1 is the winner of FIABCI Prix d'Excellence Awards 2012 for Office Category. MBFC Phase 1 also clinched the Gold award for the Mixed-Use category in the MIPIM Asia Awards 2011, which honours outstanding real estate projects in the Asia Pacific region. It also won the Participants' Choice Award where it received the most votes from fellow delegates.

MBFC achieved the Green Mark Gold for its office towers 1 and 2, Marina Bay Residences and Marina Bay Suites, as well as the Green Mark Gold Plus for its office tower 3 conferred by the Building and Construction Authority (BCA) of Singapore. These awards recognise the efforts made by the developers to encourage sustainable design practices. This makes MBFC one of the few developments to win more than one BCA Green Mark award.

For more information about Asia's Best Business AddressTM, please visit the MBFC website at http://www.mbfc.com.sg.  

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