Business · Companies · 3 hrs ago

Laopu Gold leases an entire floor at Hong Kong’s One Exchange Square

Beijing-based jeweller Laopu Gold has leased an entire mid-floor at One Exchange Square in Central, Hong Kong.

The space is about 13,000 square feet, according to one person familiar with the deal.

The building also houses Hong Kong Exchanges and Clearing.

Laopu Gold plans to use the lease to support its global expansion.

The move comes as mainland Chinese consumer firms and financial institutions build their presence in Hong Kong’s core business district.

Recent leases on the building’s 36th floor had monthly rents of about HK$1.69 million.

Laopu Gold is set to move into the tower, but no timing was given.

Sources

SCMP · 3 hrs ago