Mizuho to Cut Singapore Office Space on Work-From-Home Success
- Complements plans to trim space in New York and London
- Joins Citigroup in paring its workplace in Singapore
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Mizuho Financial Group Inc. is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centers in the wake of the pandemic.
Japan’s third-largest lender is looking to cut about 16% of space -- equivalent to less than one floor -- at Asia Square Tower 2 in the financial district, according to people with knowledge of the matter. Mizuho is an anchor tenant in the building owned by CapitaLand Commercial Trust, occupying four floors measuring about 105,000 square feet (9,755 square meters).