Asia Square is a retail and office building located along Marina View at Marina Bay in
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...
. It is located in Marina Bay, Singapore's new business and financial precinct. It comprises of office space, over 30 entertainment and dining premises, as well as the largest gym in the
Central Business District
A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...
.
Asia Square is also Singapore's first commercial development integrated with a business hotel, The Westin Singapore, located at Tower 2. A landscaped plaza, The Cube, links the two towers at Asia Square.
History
Asia Square Tower 1, which consists of 43 floors, was officially opened on 8 November 2011 by Emeritus Senior Minister
Goh Chok Tong
Goh Chok Tong (; born 20 May 1941) is a Singaporean former politician who served as Prime Minister of Singapore between 1990 and 2004, and Secretary-General of the People's Action Party between 1992 and 2004. He was the Parliament of Singapore, ...
. The Honorary Consulate of
Slovenia
Slovenia ( ; sl, Slovenija ), officially the Republic of Slovenia (Slovene: , abbr.: ''RS''), is a country in Central Europe. It is bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, an ...
is on the ninth floor of this building.
Asia Square Tower 2, which consists of 46 floors, was officially opened on 19 November 2013.
Proposed acquisition of Asia Square Tower 1
On 14 October 2015,
CapitaLand
CapitaLand is a Singaporean headquartered company focusing on investment, development and management of real estate. It is one of Asia's largest real estate companies and the owner and manager of a global portfolio comprising integrated develo ...
and a consortium of Norway's sovereign wealth fund has been chosen as the preferred bidder to buy the Asia Square Tower 1 office building. On 4 November 2015, ''CapitaLand'' has pulled out of talks on the acquisition. ''BlackRock Real Estate'' mentioned talks with other parties are still in progress.
On 6 June 2016,
Qatar Investment Authority
The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 2021 ...
, a
sovereign wealth fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such ...
, has agreed to purchase the building for S$3.4 billion.
Tenants
Citi
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant #Citicorp, Citicorp and financial ...
is the anchor tenant for Asia Square Tower 1, giving Citi the right to external signage on the building. Tower 1 houses Citi
Asia Pacific
Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Is ...
, Citi Singapore headquarters and Citi Private Bank. Other Tower 1 tenants include the global investment bank New State Corporation, the Taipei-based Global Financial Services Group
CTBC Bank
CTBC Bank () is amongst the largest privately owned banks in Taiwan.
History
It was established in 1966 under the name China Securities and Investment Corporation. In 1971, its name was changed to Chinatrust Investment Company Limited. In 1992, i ...
Swiss National Bank
The Swiss National Bank (SNB; german: Schweizerische Nationalbank; french: Banque nationale suisse; it, Banca nazionale svizzera; rm, Banca naziunala svizra) is the central bank of Switzerland, responsible for the nation's monetary policy an ...
, Bank Sarasin,
Lloyd's of London
Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body gov ...
,
Marsh & McLennan
Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investme ...
,
White & Case
White & Case LLP is a global law firm based in New York City. Founded in 1901, the firm has 46 offices in 31 countries worldwide and has been ranked among the top ten firms worldwide by revenue.
History
The firm was launched on May 1, 1901 wh ...
,
Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation (informally Booz Allen) is the parent of Booz Allen Hamilton Inc., an American management and information technology consulting firm, headquartered in McLean, Virginia, in Greater Washington, D.C., with 8 ...
,
Royal Bank of Canada
Royal Bank of Canada (RBC; french: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000& ...
,
Fidelity
Fidelity is the quality of faithfulness or loyalty. Its original meaning regarded duty in a broader sense than the related concept of ''fealty''. Both derive from the Latin word ''fidēlis'', meaning "faithful or loyal". In the City of London f ...
and
Sinochem
Sinochem Corporation () is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil for civilian and military purposes. Its majority ow ...
. Leading service office
Regus
IWG plc, formerly Regus, is a British holding company.IWG PLC Bloomberg. Accessed June 2021. It provide ...
has set up a business centre on level 7. A fitness brand from Hong Kong occupies the entire level 6 at Asia Square Tower 1, a total of , said to be Singapore's largest gym.
Tenants of Asia Square Tower 2 include:
Mizuho Mizuho () literally means "abundant rice" in Japanese and "harvest" in the figurative sense. It was also an ancient name of Japan. It might refer to:
Places
* Mizuho, Gifu, a city in Gifu
* Mizuho, Tokyo, a town in Tokyo
* Mizuho Plateau in A ...
,
Allianz
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management.
The company is one of the world's largest insurers and financial services groups. The ...
,
Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales.
Established in 1817 as the Bank of New South Wales, it ...
,
Bank Mandiri
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of March 2021, were IDR 1.58 quadrillion (around US$110.56 billion). As ...
, JustCo, Mercuria Energy Trading,
National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...
, Nikko Asset Management, Edrington, Platinum Equity Advisors, The Work Project, Pepper Global, Russell Reynolds and
Swiss Re
Swiss Reinsurance Company Ltd, Swiss Re. Retrieved on 18 January 2011. "Swiss Reinsurance Company Ltd ("Swiss Re") ...
.
Environmental sustainable design
The development incorporates several environmental sustainable features. It has the largest
photovoltaic cell
A solar cell, or photovoltaic cell, is an electronic device that converts the energy of light directly into electricity by the photovoltaic effect, which is a physics, physical and Chemical substance, chemical phenomenon.bio-diesel generation plant in a commercial development in the CBD.
Asia Square achieved both the Leadership in Energy &
Environmental Design
Environmental design is the process of addressing surrounding environmental parameters when devising plans, programs, policies, buildings, or products. It seeks to create spaces that will enhance the natural, social, cultural and physical environm ...
Core and Shell (LEED-CS) Platinum certification by the US
Green Building
Green building (also known as green construction or sustainable building) refers to both a structure and the application of processes that are environmentally responsible and resource-efficient throughout a building's life-cycle: from planni ...
List of tallest buildings in Singapore
The city-state of Singapore has over 9,000 completed high-rises, the majority located in the Downtown Core, the city centre of Singapore. In the city, there are 96 skyscrapers. The Guoco Tower currently holds the title of tallest building in S ...