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News Release

Hong Kong

One Hennessy receives overwhelming pre-leasing response ahead of its 2019 opening

The only Grade-A Office Tower to be completed within Hong Kong’s Core CBD in the next three years


HONG KONG, 21 November 2018 – Chinachem Group's One Hennessy is nearly completed and available for lease, with JLL appointed as the sole leasing agent. The Grade A office tower has seen significant pre-leasing activity and had already been up to 80% secured by major corporations in the region. Four floors capturing spectacular Victoria Harbour views in the high zone are now being offered for lease from Q1 2019.

 

The Grade A office market in Hong Kong is at close to record low vacancy levels, in particular in the traditional CBD, which comes with restricted business occupier options and lack of new quality office building completed.

 

One Hennessy's location makes it a natural extension of the Central District and a highly desirable address for businesses in the city. Coupled with its high specification and the surrounding lifestyle amenities, One Hennessy is destined to become an iconic landmark in Hong Kong's skyline and has seen an overwhelming response from the market.

 

Mr Paul Yien, Head of Landlord Representation at JLL, said: "One Hennessy is superbly located in the CBD and just a stone's throw away from the Admiralty MTR station. Many occupiers are moving towards new, collaborative working practices, with which One Hennessy can help enhance and enable being a brand new building. One Hennessy's fundamental location and specification are set to draw a big response from occupiers, which has been proven by the swift pre-commitment rate. With only four floors still available, and being the only new supply in the CBD for the next three years at the least, we encourage occupiers to experience One Hennessy first hand".

 

Set for completion in Q1 2019, One Hennessy comprises 21 office floors extending to approximately 254,000 sq. ft. lettable, or approximately 11,900-12,300 sq. ft. lettable per floor. Clear floor to ceiling height spans approximately 2.97 m to 3.27 m, with 150 mm raised floors provided as standard. Complementing the office tower is a retail podium of approximately 24,500 sq. ft. dedicated for F&B and retail outlets to serve the office tenants and surrounding neighbourhood.

 

With easy access to the Admiralty MTR station, One Hennessy offers superior connectivity with all parts of Hong Kong via Airport Express, MTR and rail networks. One Hennessy is a few minutes' walk from five-star hotels, the lifestyle districts of Star Street and Ship Street, and luxury shopping malls.