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Ocean Financial Centre achieves full occupancy

Published on Dec 12, 2013 6:26 PM
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The 43-storey Ocean Financial Centre is now fully occupied, said the manager of Keppel Real Estate Investment Trust (Reit) on Thursday.

This means that all five Singapore properties under its portfoilio are 100 per cent occupied, which is an increase from its average occupancy of 99.5 per cent as at end-Sept 2013.

It is also higher than the average Singapore central business district occupancy of 93.5 per cent for the third quarter of this year, Keppel Reit said.

"We have steadily signed on tenants to achieve full occupancy, from approximately 80 per cent when we acquired Ocean Financial Centre in Dec 2011," said Ms Ng Hsueh Ling, chief executive of Keppel Reit Management.

 
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