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Technology company Dyson has secured a new global headquarters building in Singapore at the historic St James Power Station, as it seeks to expand its presence in the city-state after pulling the plug on its electric car project.
Chief executive Jim Rowan told The Straits Times that the company had “very recently” agreed on terms with landlord Mapletree for the waterfront site at 3 Sentosa Gateway, which has been vacant since September last year.
“We have agreed that Dyson will take that whole power station as its global headquarters,” he said.
“It’s an indication that we are serious about laying down some very deep roots within Singapore.”
Dyson declined to disclose the investment sum. ST understands a lease agreement has been signed for the power station, which has a gross floor area of 110,000 sq ft. It was formerly one of the biggest nightlife hubs in Singapore and was gazetted as a national monument in 2009.
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