Financial News - 7 APR 2010: Keppel Land - MBFC phase one fully leased

Keppel Land: Marina Bay Financial Centre (MBFC) phase one fully leased ahead of completion. See report.

Key Points

• Barclays Capital, the investment banking division of Barclays Bank PLC, is leasing an additional ten floors at MBFC.
• Prudential Asset Management (Singapore) Limited has signed on to lease approximately 37,000 sq ft of space in MBFC’s Tower Two.
• MBFC Tower Two is now fully leased except for a small percentage of space reserved for existing tenants’ expansion.
• MBFC Commercial Tower One has attained the TOP in March, with Marina Bay Residences attaining TOP within the next two weeks. MBFC Commercial Tower Two will have its topping out ceremony on 13 April 2010 and its TOP expected in Q3.

Author's Note
Marina Bay Financial Centre is a partnership of three of Asia’s major developers – Cheung Kong, Hongkong Land and Keppel Land. The full development will consist of three office towers and two residential towers. Phase one includes two office towers (Tower One and Tower Two) and the residential tower, Marina Bay Residences.

More Information about MBFC at www.mbfc.com.sg.