Wanchai commercial building big-handed rent for 300,000 in two months

Wanchai Commercial Building has become the focus of the rental market in the past two months. In the past two months, it has recorded a number of large-scale rentals involving more than 300,000 square feet.

Hehe 7-storey floor

According to the news, the Hehe Center recorded a large-scale rental transaction involving 7 floors of the middle floor, each floor area of about 15,000 square feet, a total of about 100,000 square feet, and a lease of about 50 yuan. The new tenant is AIA (01299), which is located in the AIA Building, 1 Stubbs Road in the same district. It will undergo major renovations, so it is necessary to find a new floor to relocate. Most of the lots were originally rented by the Japanese company Nissan Group and moved in 2014. The group will sublease the top two floors of the Fufeng Building in Taikoo Place, Quarry Bay.

As for the more prosperous commercial buildings, One Hennessy, a redevelopment project of the Wanchai commercial building in Huaying, has been pre-leased since May. The pre-leasing rate has reached 80% and the rent has reached 100 yuan. The mainland shared workspace operators氪 Space (KR Space) pre-leased about 73,000 square feet of floor space on the 7th floor of the building, and Shanghai Pudong Development Bank also pre-leased a number of high-rise floors to expand into a new headquarters.