International company for advertising and public relations Publicis Groupe has leased 55,000 square feet of office space in Grade A in Guoco Midtown, the 30-storey office tower in Guoco Midtown, the multi-use Guoco Midtown project by GuocoLand situated at Beach Road.
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Based on Colliers International, who negotiated the office lease, the rents for the new Grade A offices along this stretch of Beach Road are about $9.90 per month. The firm did not specify what amount of rent Publicis Groupe paid for its new office space in Guoco Midtown.
The office tower is traditional floor plates between the eighth and 29th floors, as well as a landscaped Sky Park on the seventh 7th floor. Each office floor is equipped with an underlying floorplate of around 30,000 sq feet and an average height of floor-to-ceiling of 3.3m.
Guoco Midtown Guoco Midtown project comprises the office tower and three clusters of retail (Midtown Square, Midtown Market, and Midtown Common), and two condominiums.
In January of this year, GuocoLand received the temporary occupation permission of the office building. At the time it was around 80% committed to. Publicis Groupe joins other international businesses in Guoco Midtown, such as the world’s largest shipping company Pacific International Lines, Germany the petrochemical giant BASF, Chinese Internet technology company NetEase Interactive Entertainment and Liechtenstein’s private bank VP Bank.