Wednesday, September 10, 2008

MBFC Bags BHP Billiton, Macquarie Group As Tenants

Source : The Business Times, September 10, 2008

Australia's BHP Billiton and Macquarie Group are among the latest tenants announced for Marina Bay Financial Centre (MBFC), a major office development being built in Singapore's Marina Bay area.

Resources group BHP Billiton will lease 142,000 sq ft on levels 44 to 50 of MBFC's Tower 2 while Macquarie will take over 74,000 sq ft on levels 16 to 18. Both tenancies are for 10 years with options for renewal and expansion. Murex Southeast Asia, which is involved in software development for trading, risk management and processing, has leased 25,000 sq ft on level 19 under a six-year tenancy agreement. With the latest leasing deals, MBFC's first phase is 65.6 per cent preleased, a statement by Raffles Quay Asset Management on Wednesday, Sept 10, said.

The company manages MBFC project as well as the neigbouring One Raffles Quay, which has been completed.

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