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Monthly Property Reports April 2008 Report EFG Bank grabs RB Capital offices
Monthly Property Reports April 2008 Report EFG Bank grabs RB Capital offices | EFG Bank grabs RB Capital offices |
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Property investment firm RB Capital has signed on EFG Bank, the third largest Swiss private banking group, as anchor tenant for its high-grade office development set to stand opposite Singapore’s Parliament House.
EFG Bank grabs RB Capital offices
by Robert Carry
The Bank gets naming rights on what will be the EFG Bank Building as it is taking up 52,000 out of the 78,000sq ft of lettable space in the nine-storey development, which is currently under construction and located at 67 High Street. RB Capital is currently in negotiations with other parties on leasing the remaining space. The building’s entrance will also be facing Parliament House and will carry a North Bridge Road address upon completion. The nine-storey development is due for completion in the first quarter of 2009. RSP Architects worked closely with RB Capital on the building’s design and modern façade. “There has been much interest and inquiries even before we officially put the building on the market for lease,” said Kishin R K, who heads RB Capital. “RB Capital also had to turn down prospective tenants. |
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