One Hennessy in Wanchai, Ai, intends to rent 100
The vacancy rate in Hong Kong’s core business district continues to be low. One Hennessy, a Grade A office building in Wanchai, which is owned by Huaying Group, was completed in the first quarter of next year. However, it has been pre-leased by 80%. The final four-tier rent is now available, with an intention to rent more than 100 yuan.
Yan Weicheng, the head of the agency department of Jones Lang Lian Industry, said that the owner launched the last 4 floors of the One Hennessy from the 23rd to the 26th floor. Each floor can be rented for about 12,000 square meters. The total rented area is about 48,000 square meters, which can be layer by layer or one. And rent, the intention to rent more than 100 yuan.
The largest tenant Chinese bank leases 8 floors
He pointed out that the tenants currently enrolled are mainly in the financial industry. There are also law firms and asset management companies. Most of them are companies that are currently renting office buildings in Central and intending to relocate. The landlord temporarily asks the tenant to rent a minimum of one floor and will not rent it again. At present, the pace of enterprise expansion has not been hit by the Sino-US trade war. It is estimated that the office market will not be reflected until 6 to 9 months.
The One Hennessy office building starts from the 11th floor and has a total of 21 floors. It has been rented out of 17 floors and the maximum transaction is over 100 yuan. The largest tenant is a Chinese bank with a maximum rent of 8 floors.
In addition, the Bank of America’s Central Bank recorded two consecutive transactions. The news pointed out that Capital Strategy (00497) and related parties just spent about 54.4 million yuan to purchase the 8th floor of the Bank of America Center on the 33rd floor, with a building area of 1361 square meters and a price of about 39,970 yuan. According to the data, since the building price of the building has risen above 40,000 yuan in August last year, it has not recorded a transaction of less than 40,000 yuan for more than one year. According to the Land Registry, the former site was originally purchased by a lawyer in 2011 for $32.527 million. It is now sold to Kyrgyzstan, and the book still earns a total of 21.8721 million yuan, an appreciation of 67.2%.
Another transaction in the Bank of America Center was 4 rooms on the 10th floor, with a building area of 1,837 square feet, with a hand-to-hand price of about 78.91 million yuan, and a price of 43,000 yuan.