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In an SGX filing, CapitaLand revealed that more than 70% of the development’s 518,000 sq ft net lettable area have been taken up.
79 Robinson Road, an office development jointly owned by CapitaLand with Japanese partners Mitsui & Co and Tokyo Tatemono Co., received its Temporary Occupation Permit (TOP) on 28 April.
Developed on the site of the former CPF Building, the 180-metre tall development was designed by American architecture company Gensler, in collaboration with Singapore’s DCA Architects.
“The completion of 79 Robinson Road on schedule in Q2 2020, amidst complexities caused by COVID-19 since early this year and the circuit breaker measures since April, is a testimony of our development expertise and collaborative working relationships with the main contractor, suppliers and other stakeholders in the real estate ecosystem,” said Tan Yew Chin, CEO, Business Parks and Commercial, CapitaLand Singapore, Malaysia and Indonesia.
In an SGX filing, CapitaLand revealed that more than 70% of the development’s 518,000 sq ft net lettable area have been taken up, with tenants including Allianz, Howden Insurance, EFG Bank, and William Grant & Sons.
The tenants will take over their premises from June after the circuit breaker ends, and are expected to move in progressively from Q3 2020.
Bridge+, the fully owned coworking and flexible workspace business unit of CapitaLand, will occupy 56,000 sq ft of space at 79 Robinson Road in Q4 2020.
“79 Robinson Road is one of a handful of Singapore Grade A office developments completing in 2020. Driven in part by the tapering of office supply in the CBD, response for the development has been positive,” said Tan.
“Tenants are attracted to its premium workspace offerings, efficient layouts and vibrant community ecosystem, resulting in the robust leasing pre-commitment to date. We are confident that the remaining space primarily in the high-rise floors – including our double-volume Sky Village on the top floor – combined with core and flex solutions that we are offering in collaboration with Bridge+, will present an attractive proposition to companies and working professionals readying to position themselves for a business upturn in a post-COVID environment.”