Exchange 106 opens for business as heart of Kuala Lumpur’s new financial and innovation hub is confident of up to 1.3 million square feet commitment of floor space by end 2020. The Centre is currently in late stage negotiations for tenancy with leading Fortune 500 global consulting firms and other regional multinational corporations and leading e-commerce brands.
“We are quite pleased to say that we already have about 500,000 square feet confirmed, and expect to see this grow this to 1.3 million square feet in the near term. In fact, our first tenants are expected to walk through our doors by December 2019, with the rest starting to move in sometime in the first and second quarters of 2020,” explained Patrick Honan, General Manager of Property Management of Mulia Property Development Sdn Bhd. This includes a top five Fortune 500 global consulting firm; the Hong Kong based multinational personal care brand, some of the world’s most recognized ecommerce platforms, and one of the most globally renowned serviced offices and co-working brands with the largest network with over 3000 locations in 120 countries. All of these leading brands plan on using Exchange 106 as a “hub for their growing regional presence, innovation, and growth in the decades to come,” Honan added.
Designed at the heart of the newest financial and business hub in Southeast Asia, Exchange 106, an integral part of the Tun Razak Exchange development is ready to bring the energy and drive of international hubs like Canary Wharf, New York’s World Trade Centre towers, and Shanghai’s International Finance Centre (IFC) to this part of the world. The tallest building in the country, standing officially at 492 metres, is the 6th tallest office building in the world. Exchange 106 is also approved at first stage to be a MSC Tier 1 Cybercentre. This had been an important factor in peaking the interest of tech-related and e-commerce companies.