Hongkong Land today announces that S&P Global Inc., the global financial information and data provider, will relocate to a new office at Three Exchange Square, Central. Mr Raymond Chow, Executive Director of Hongkong Land, said: “We are delighted to welcome S&P Global back to Central."
Hongkong Land today announces that S&P Global Inc., the global financial information and data provider, will relocate to a new office at Three Exchange Square, Central. Mr Raymond Chow, Executive Director of Hongkong Land, said: “We are delighted to welcome S&P Global back to Central.
The leasing agreement commenced on the 1st April 2021 and the new location will bring S&P Global’s offices in Hong Kong under one roof in the heart of Central. S&P Global’s new office will take up the entire 3rd and 4th floors of Three Exchange Square, with a total gross floor area of approximately 22,000 sq. ft. Owned and managed by Hongkong Land, Three Exchange Square is a 33-level Grade A office tower, housing preeminent international financial and professional services firms.
Linked via Hongkong Land's unique pedestrian bridge network to virtually all the Grade A buildings in Central, Three Exchange Square forms part of a world-class ecosystem featuring the Hong Kong Stock Exchange, a leading global bourse, tier one banks and assets managers, magic circle law firms and blue-chip corporates. The high quality integrated mixed-use portfolio also comprises an array of luxury retail and hotel accommodations.
This transaction renews Hongkong Land’s two-decade partnership with S&P Global, with the firm previously being a tenant in Edinburgh Tower up until 2012.
Mr Raymond Chow, Executive Director of Hongkong Land, said: “We are delighted to welcome S&P Global back to Central. This is a further testament to the resilient quality and value of Central Hong Kong as both a global financial hub and nexus of the business elite. Corporations are increasingly appreciating the premium quality and well- positioned environs where they can do business with prestigious financial and professional services peers, supporting their growth and talent retention efforts.”
Mr Ryan Jones, Executive Director, Advisory & Transaction - Office Services, CBRE, said: “New office leases of more than 10,000 sq. ft. have been a rarity in Hong Kong over the past 12 months. This transaction, as well as the strong pipeline of leasing activities we expect for this year, reaffirms the improving business environment in various key sub-markets in Hong Kong.”