Metro Holdings’ Asia Green holds 95% occupancy after major tenant change

New tenants include Food Empire Holdings.

Asia Green, in which Metro Holdings Limited holds a 50% stake, reported 95% committed occupancy as of 31 March.

Located at the Tampines Regional Centre, the property comprises two Grade-A office towers and has a market valuation of $435m with a lettable area of 26,442 square metres.

Following the expiry of a lease by Hitachi Asia, which accounted for nearly 30% of the property's net lettable area, new tenants include private school DIMENSIONS, Food Empire Holdings, and the Eastern General Hospital Planning Office under SingHealth.

Moreover, DIMENSIONS’s new Tampines Campus will feature amenities such as study and rest areas, a library, a music and dance room, a multi-purpose hall, science laboratories and indoor sports facilities.

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