Multinational drug firm GSK to establish new global headquarters in Singapore

It will be located in the Rochester Park area.

Multinational drug firm GlaxoSmithKline (GSK) today revealed that it is going to establish its new global headquarters in Singapore.

GSK has signed an agreement with Boustead Development Partnership, a subsidiary of mainboard-listed Boustead, to develop and lease a new building which will be the company’s new global headquarters for Asia.

The eight-storey, nearly 15,000 square metres facility will be located at the ‘one-north’ development in the Rochester Park area and will have capacity for up to 1,000 employees.

GSK will move all employees currently based in Gateway West to the new headquarters during the second half of 2017 once the site is fully fitted. GSK has over 700 office-based employees in Singapore and expects an additional 100 roles to move into the country as the headquarters nears completion.