An anchor tenant has taken two thirds of the lettable space in 67 High Street , the RB Capital re-development standing opposite Parliament House in Singapore. EFG Bank, Switzerland's third largest private banking group, are taking 52,000 of the 78,000 sqf lettable space and have also secured naming rights for the building, which will now be known as the EFG Bank building.

The nine-storey building will be ready in the first quarter of 2009. RSP Architects worked closely with RB Capital on the building's design and façade. When completed, the building's entrance will be facing Parliament House upon completion. The development also has retail space available on the basement and first floors as well as car parking facilities.

Currently with two offices, in the OUB centre at 1 Raffles Place and 55 Market Street, EFG Bank procured the space for to ensure for their expanding Singapore business. "Given the current market we are very pleased to have found such a great place at such a great location," says Kees Stoute, Managing Director of EFG Bank Singapore. While having an EFG Bank Building at such a prestigious address reflects very well on the bank , say Stoute, "Obtaining naming rights was not a must."

EFG are scheduled to occupy the new premises in 2009. RFP