Marina Bay Financial Centre (MBFC) has received pre-commitment for over 66 per cent of space in Tower 3, a year ahead of its completion.
Raffles Quay Asset Management, the asset manager of MBFC, said on Thursday the commitments have risen 11 per cent from 6 months ago.
The new lease agreements were inked with McGraw-Hill, as well as law firms Ashurst LLP and WongPartnership.
DBS had previously signed up for 700,000 square feet of office space as the anchor tenant of Tower 3.
Tower 1 is fully leased to international banking and financial institutions, with Standard Chartered as the anchor tenant, occupying 500,000 square feet of office space.
Tower 2 is leased to other multinational institutions, including American Express, BHP Billiton, Barclays Capital and Macquarie Group.
Tower 3, part of the second phase of the development, is a 46-storey building offering 1.3 million square feet of office space.
Towers 1 and 2, part of the first phase of the project, were fully leased ahead of completion. MBFC phase one was opened earlier this year.
Source : Channel NewsAsia – 30 Dec 2010