DBS to cut office space in Marina Bay Financial Centre Tower 3, sources say_老虎社区_美港股上老虎

DBS to cut office space in Marina Bay Financial Centre Tower 3, sources say

The Straits Times2021-04-09

SINGAPORE (BLOOMBERG) - DBS Group Holdings is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic. South-east Asia's ...

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DC07
·2021-04-21
Oh will it replace with cheaper staff fm elsewhere (& doesn’t have to take up physical office space too)? [无语]
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Ray140101
·2021-04-09
Not good
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- RyC:
  [流泪]
  2021-04-11
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- Ray140101:
  😖
  2021-04-12
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andrew123
·2021-04-09
Yup . Given success wfh going forward even if more than 75pc rec vaccine, co realise cost saving fm rental n will consider certain percentage of staff to wfh. Bad news for office reit
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erichosk
·2021-04-09
Bad news for commercial reits.
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ChallengerDT
·2021-04-09
more bad news coming for offices in CBD
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ChallengerDT
·2021-04-09
more to come .. Office rental will be down.
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Chris1688888
·2021-04-09
Shocker
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS to cut office space in Marina Bay Financial Centre Tower 3, sources say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/property/dbs-to-cut-office-space-in-marina-bay-financial-centre-tower-3-sources-say><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (BLOOMBERG) - DBS Group Holdings is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic.\nSouth-east Asia's ...</p>\n\n<a href=\"http://www.straitstimes.com/business/property/dbs-to-cut-office-space-in-marina-bay-financial-centre-tower-3-sources-say\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"D05.SI","symbol_name":"星展集团控股","start_time":0,"source_url":"http://www.straitstimes.com/business/property/dbs-to-cut-office-space-in-marina-bay-financial-centre-tower-3-sources-say","article_id":"2126983700","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/business/property/dbs-to-cut-office-space-in-marina-bay-financial-centre-tower-3-sources-say","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2126983700","pubTimestamp":1617939030,"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"SINGAPORE (BLOOMBERG) - DBS Group Holdings is poised to trim office space in Singapore, the latest b","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"D05.SI":"星展集团控股"},"translate_title":"星展银行将削减滨海湾金融中心3号大楼的办公面积","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"D05.SI":0.9},"content_text":"SINGAPORE (BLOOMBERG) - DBS Group Holdings is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic.\nSouth-east Asia's largest bank plans to surrender about two and half floors, or 75,000 square feet, in Tower 3 of the Marina Bay Financial Centre, according to people with knowledge of the matter. The lender occupies more than a dozen floors in the building, located in the central business district near the iconic Marina Bay Sands hotel and casino.\nDBS is set to give up the floors in December, the people said, asking not to be identified because the plans are private. A representative for the company declined to comment.\nThe move comes on top of the lender's plans to cut space in the pricey Hong Kong market. Banks around the world are rethinking their use of offices after the Covid-19 pandemic showed that they can still operate effectively with many employees at home. HSBC Holdings is allowing more than 1,200 staff at its UK call centers to permanently work remotely.\nIn Singapore, DBS is following in the footsteps of Citigroup and Mizuho Financial Group. 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Chief executive officer Piyush Gupta said last month that staff sometimes need to be in the office to \"build the soul of the company.\"\nThe downsizing by financial firms may not necessarily be a huge setback for the Singapore office market, given that tech behemoths are expanding their presence in the South-east Asian hub. Amazon.com is taking up the three floors that Citigroup is relinquishing, while ByteDance agreed to lease three floors in a building in the financial district.\nSingapore's office market has shown recent signs of a recovery. The vacancy rate eased to 3.3% last quarter from 3.9 per cent in the last three months of 2020, according to preliminary estimates by CBRE Research. The rebound was led by Grade A office buildings, with rents for those properties remaining stable in the quarter.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":371734984,"gmtCreate":1618970750748,"gmtModify":1634289515127,"author":{"id":"3574483552269213","authorId":"3574483552269213","name":"DC07","avatar":"https://static.tigerbbs.com/8591c748d1cae4e6f686b3168830b2d4","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Oh will it replace with cheaper staff fm elsewhere (&amp; doesn’t have to take up physical office space too)? [无语]&nbsp;","listText":"Oh will it replace with cheaper staff fm elsewhere (&amp; doesn’t have to take up physical office space too)? [无语]&nbsp;","text":"Oh will it replace with cheaper staff fm elsewhere (& doesn’t have to take up physical office space too)? [无语]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371734984","repostId":2126983700,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":348436415,"gmtCreate":1617950119437,"gmtModify":1634295565305,"author":{"id":"3557023880373146","authorId":"3557023880373146","name":"Ray140101","avatar":"https://static.tigerbbs.com/90476a625d11f5011e26f9ab5b9a45be","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Not good","listText":"Not good","text":"Not good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/348436415","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4006931,"gmtCreate":1618114614767,"gmtModify":1635740851362,"authorId":3559819240757708,"author":{"id":3559819240757708,"authorId":3559819240757708,"name":"RyC","avatar":"https://static.tigerbbs.com/8b2d2ce4ba258d9f0302be7d1128882f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348436415,"type":1,"supId":0,"prevId":0,"content":"[流泪]","text":"[流泪]","html":"[流泪]"},{"id":4011483,"gmtCreate":1618189681941,"gmtModify":1635740503732,"authorId":3557023880373146,"author":{"id":3557023880373146,"authorId":3557023880373146,"name":"Ray140101","avatar":"https://static.tigerbbs.com/90476a625d11f5011e26f9ab5b9a45be","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348436415,"type":1,"supId":0,"prevId":0,"content":"😖","text":"😖","html":"😖"}],"langContent":"EN"},{"id":348498392,"gmtCreate":1617948888816,"gmtModify":1634295573144,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Yup . Given success wfh going forward even if more than 75pc rec vaccine, co realise cost saving fm rental n will consider certain percentage of staff to wfh. Bad news for office reit","listText":"Yup . Given success wfh going forward even if more than 75pc rec vaccine, co realise cost saving fm rental n will consider certain percentage of staff to wfh. Bad news for office reit","text":"Yup . Given success wfh going forward even if more than 75pc rec vaccine, co realise cost saving fm rental n will consider certain percentage of staff to wfh. Bad news for office reit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348498392","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348546835,"gmtCreate":1617945565127,"gmtModify":1634295588111,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Bad news for commercial reits.","listText":"Bad news for commercial reits.","text":"Bad news for commercial reits.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348546835","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348565887,"gmtCreate":1617942999849,"gmtModify":1634295607483,"author":{"id":"3555039416426653","authorId":"3555039416426653","name":"ChallengerDT","avatar":"https://static.tigerbbs.com/fe2ad6b3ba29bf7cdfd0b40f90313a1b","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"more bad news coming for offices in CBD","listText":"more bad news coming for offices in CBD","text":"more bad news coming for offices in CBD","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348565887","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348562452,"gmtCreate":1617942934576,"gmtModify":1634295608068,"author":{"id":"3555039416426653","authorId":"3555039416426653","name":"ChallengerDT","avatar":"https://static.tigerbbs.com/fe2ad6b3ba29bf7cdfd0b40f90313a1b","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"more to come .. &nbsp;Office rental will be down.","listText":"more to come .. &nbsp;Office rental will be down.","text":"more to come .. Office rental will be down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348562452","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348516883,"gmtCreate":1617940248842,"gmtModify":1634295622617,"author":{"id":"3576473020011733","authorId":"3576473020011733","name":"Chris1688888","avatar":"https://static.tigerbbs.com/d41296fab6c33e834d4aec266185015e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Shocker&nbsp;","listText":"Shocker&nbsp;","text":"Shocker","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348516883","repostId":2126983700,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":9,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}