Property developer CapitaLand is scheduled to relocate to a new home in early 2015, occupying around 160,000 sq ft across 11 floors in the new 20-storey Westgate Tower (pictured).
“The relocation will be a milestone for CapitaLand Group. For the first time, all business units in Singapore and the corporate office will operate from a single location,” said President and CEO Liew Mun Leong.
“We want to create a conducive environment that will help to further improve productivity across the Group and achieve work-life integration,” added Liew.
CapitaLand will still maintain an office at Capital Tower for staff to easily coordinate with business partners and clients in the city.
Westgate Tower is jointly developed by CapitaLand, CapitaMalls Asia and CapitaMall Trust Management Limited, which manages CapitaMall Trust. In January, the parties broke ground for the development which will include a 416,000 sq ft lifestyle and family mall scheduled to open by end-2013 and a 320,000 sq ft office tower to be completed by end-2014.
“We are pleased that Westgate, sited within Jurong Gateway – the biggest commercial hub outside the Central Business District – will provide the ideal location for the Group to be housed under one roof. We look forward to playing a significant role in transforming the Jurong Lake District into a key regional business hub,” Liew said.
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