SINGAPORE (Dec 14): CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT) which owns Funan, announced that WeWork, the provider of collaborative workspaces, has leased 40,000 sf of space in Funan.
WeWork is the first to sign as an office tenant in the building.
WeWork’s workspace will be located across two floors (levels 4 and 5) of Funan’s north office block.
The Funan integrated development comprises a 500,000 sf mall, two Grade A office blocks, as well as The Ascott’s lyf brand of co-living serviced residence.
Tony Tan, CEO of CMTML says, “As a new-built space, WeWork’s facility at Funan offers plenty of scope and flexibility to implement purpose-built infrastructure and services for WeWork’s members.”
As at 12.02pm, units in CMT are trading at $2.10.