OUE Commercial REIT's OUE Bayfront in Singapore. (Photo: REITsWeek)OUE Commercial REIT's OUE Bayfront in Singapore. (Photo: REITsWeek)

OUE Commercial REIT is set to welcome a tenant that will occupy a significant portion of One Raffles Place Shopping Mall in early 2019.

The tenant, co-working operator International Workplace Group (IWG), will launch its flagship site at the REIT’s property, and occupy a total of 35,000 square feet in the six-storey mall.

The development is expected to increase footfall into the property, which is situated across the Raffles Place mass rapid transit (MRT) station.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.