Henderson Land Secures Tenant Six Office Floors Flagship Hong Kong Development
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Henderson Land Development Company, a company listed on the Hong Kong Stock Exchange, has recently revealed that it has signed a lease agreement with Jane Street, a US-based quantitative trading firm, for six office floors in its upcoming New Central Harbour flagship development. According to Henderson Land’s press release, this deal represents the largest office leasing transaction in Hong Kong’s Central Business District in decades.
Under the agreement, Jane Street will occupy 223,437 square feet, which is equivalent to around 70% of the first phase of office and ancillary space in the development. The firm will reportedly pay a monthly rent of HK$137 ($22.40) per square foot, amounting to HKD$30.6 million per month. The handover of the space is expected to take place in early 2027.
Martin Lee Ka-shing, chairman of Henderson Land, expressed his excitement about welcoming Jane Street to their New Central Harbourfront flagship development project. He emphasized the company’s commitment to advancing the core districts of Hong Kong and highlighted the significance of this anchor tenancy in solidifying the city’s position as an international financial hub.
New Central Harbourfront is a waterfront project encompassing 1.6 million square feet of gross floor area, including 700,000 square feet of office and ancillary space and 900,000 square feet of retail space. The development will also feature 300,000 square feet of green and open spaces. The site will be constructed in two phases, with the first phase scheduled for completion by the fourth quarter of 2026 and the second phase by 2032.
Henderson Land acquired the waterfront site for New Central Harbourfront through a government land sale in 2021, setting a new record with a bid of HK$50.8 billion.