Taiwanese lender moves to West Kowloon as financial firms lead Hong Kong office leasing
A Taiwanese bank’s deal to lease a large office space in West Kowloon adds to momentum in Hong Kong’s office sector, where financial institutions have become the most active source of leasing activity. E.Sun Commercial Bank plans to relocate its Hong Kong office to International Gateway Centre (IGC), taking about 55,000 square feet (5,110 square metres), according to two sources familiar with the…
E.Sun Commercial Bank has announced plans to relocate its Hong Kong office to International Gateway Centre (IGC) in West Kowloon, taking up around 55,000 square feet (5,110 square metres). The decision to move comes as financial institutions have become the most active source of leasing activity in Hong Kong's office sector. The bank is currently registered at The Gateway in Tsim Sha Tsui, where it occupies parts of the 27th and 28th floors of Tower 6.
E.Sun's relocation is attributed to the availability of more office space and the discounts offered during IGC's first leasing phase. This move is part of a trend of Taiwanese lenders expanding their operations and office space in Hong Kong, despite strained official ties.
Brief written by urgent.news from SCMP Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
