Three Office Floors at Office Tower of Convention Plaza Up for Tender
JLL has been appointed by the receivers of property as the sole agent for the public tender sale of three office floors at Convention Plaza in Wanchai. The tender will close at 12:00 noon on 30th January 2019 (Wednesday).
HONG KONG, 26 December 2018 – JLL has been appointed by the receivers of property as the sole agent for the public tender sale of three office floors at Convention Plaza in Wanchai. The tender will close at 12:00 noon on 30th January 2019 (Wednesday).
The property put up for tender encompasses three whole office floors on 21/F, ,22/F and 23/F of Office Tower at Convention Plaza, providing a total gross floor area of approximately 49,554 square feet with each spanning a gross floor area of approximately 16,518 square feet. It is to be sold on an "as-is" basis, partially with tenancies and partially vacant possession.
Located at 1 Harbour Road, Wanchai, the Office Tower of Convention Plaza is in close proximity to a number of major landmarks in the city, including the Hong Kong Convention and Exhibition Centre, Grand Hyatt Hong Kong, Renaissance Harbour View Hotel Hong Kong and Central Plaza. With convenient covered footbridge connections, the property is also a stone's throw away from the Wanchai MTR station and Wanchai bus terminal, offering excellent transport accessibility.
Cynthia Li, Senior Director of Capital Markets at JLL, said: "With the arrival of the Central-Wan Chai Bypass and Island Eastern Corridor Link in the first half of next year, Wan Chai North's transport connections will be exceptional. It will support the office leasing market in Wanchai and the investment potential of office properties will be benefited as a result. Interest parties could submit bid for one, two or three office floors or any combination thereof in the tender. We expect the property will attract investors and end-users to join the bidding."
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com