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As IOI Central Boulevard Towers nears full occupancy, focus shifts to stabilisation

Goola Warden
Goola Warden • 11 min read
As IOI Central Boulevard Towers nears full occupancy, focus shifts to stabilisation
Tibbott says his focus is to get IOI Central Boulevard full and stabilise its revenue / Photo: Samuel Isaac Chua
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Its stabilisation strategy includes subdividing and fitting out floors, attractive rental rates and ESG considerations

IOI Central Boulevard Towers, the newest property in the Central Business District (CBD), has added 1.24 million sq ft of space to Singapore’s Grade-A office stock. The development features a 16-storey East Tower and a 48-storey West Tower, both atop a seven-storey podium.

Despite the size, consultants remain sanguine about the supply situation of the Grade-A office as the IOI development’s occupancy crosses the 75% mark.

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