Tencent Moves Into Singapore Tower to Consolidate Office Space
- Chinese tech giant takes space in CapitaSky building
- Singapore office vacancy rate remains well below Hong Kong
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Chinese tech giant Tencent Holdings Ltd. has moved into a new space at a prime office tower in Singapore to bring together more employees in the city-state.
Staff at the social media and gaming conglomerate moved into CapitaSky, a 29-story tower in Singapore’s central business district this week from a WeWork Cos. office at 30 Raffles Place, according to people familiar with the matter, who asked not to be identified discussing private matters. A Tencent spokesperson confirmed the company has moved staff to the new location.