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Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space

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SINGAPORE  27 June 2024 – Chinese tech giant Tencent has consolidated its Singapore office, relocating from 30 Raffles Place to a new flexible working space managed by The Work Project (TWP) at CapitaSky — a 29-storey tower in the Central Business District (CBD).

Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space
Tencent Consolidates Singapore Office By Moving To TWP’s CapitaSky Coworking Space

New Singapore Office Consolidates Tencent Workforce in Prime CBD Location

The move, completed in the first week of June 2024 following the conclusion of their previous lease agreement, reflects Tencent’s commitment to bring together more employees in the Republic. A Tencent spokesperson confirmed the relocation from the firm’s previous office space to the new location managed by TWP, stating “We are excited to continue our business in Singapore”.

For now, Tencent’s Singapore office takes up one floor, about half of the 56,000 sq ft working space in the CapitaSky tower. Other notable tenants in CapitaSky include Allianz SE and Boston Consulting Group Inc.

The Work Project Affirms a 3-Year Partnership with Tencent

Sheena Goh, Head of Sales at The Work Project, emphasised the move as an affirmation of a “three-year strong partnership” with Tencent. Looking ahead, Tencent may consolidate its remaining Singapore workforce at CapitaSky, relocating employees to another office space managed by TWP at the nearby CapitaSpring tower when the current lease expires.

TWP is a coworking operator backed by CapitaLand Group, and operates both CapitaSky and CapitaSpring coworking spaces.

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