Hong Kong developer Hysan’s Lee Garden Eight draws law firm out of Central: sources
Hong Kong law firm Woo Kwan Lee & Lo is reportedly relocating to Causeway Bay after more than five decades in Central’s Jardine House, reserving about 39,000 square feet in Hysan Development’s Lee Garden Eight in a major lease for the new commercial complex. Market sources identified the firm as the incoming tenant at Lee Garden Eight, which is scheduled for completion this quarter. The firm will…
Hong Kong law firm Woo Kwan Lee & Lo has announced it is moving its operations to Causeway Bay from Central's Jardine House. The firm has secured a significant lease of around 39,000 square feet in Hysan Development's Lee Garden Eight, which is set to be completed this quarter. The firm, founded in 1973, will occupy a low to middle floor within the new commercial complex.
It declined to comment when asked for a statement. Established in Jardine House when it opened in 1973, the firm has remained there for over five decades. Its address is listed on the Hong Kong Law Society's directory as the 25th and 26th floors, with a branch office in Sun Hung Kai Centre, Wan Chai. Woo Kwan Lee & Lo's lease in Lee Garden Eight is priced at approximately HK$50 (US$6.37) per square foot per month, which is considerably lower than the over HK$90 per square foot per month in Jardine House.
This move is part of Hysan's strategy to attract financial and professional services tenants to Lee Garden Eight, as developers look to fill new office space amid uneven demand across Hong Kong's commercial districts.
Written by urgent.news from SCMP Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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