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BNP rents Taikoo Place at HKD 50 psf

Finance Markets / Latest Activity

Hong Kong SAR

Feb 11 2017

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PropGo Luxury

Bank BNP Paribas, who rents multi-storey at Phase 3 of Exchange Square in Central, has recently completed the pre-leasing of a number of commercial buildings in Taikoo Place in Quarry Bay, including Dorest House, covering a total of about 90,000 sq ft, at a rent of HKD 50 per sq ft, only 40% of the rent of Exchange Square. It is expected to save about HKD 90 million each year.

SOURCE: PropGoLuxury

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