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Office Tenant Representation

We’ll help you find the right office solution and drive the process to a successful outcome so you can focus on what matters most – running your business.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Hong Kong is the world's most expensive and volatile office market, so understandin​g the market is key to securing the best space to meet your business needs.

If you are a commercial office occupier, we recommend appointing a Tenant Representation expert to help with your real estate strategy and execution. 

Whether you are looking to renew, relocate, resize, restack or undertake a rent review, JLL can help. We have assisted countless occupiers in finding optimal solutions that have resulted in significant savings, shortened management time and reduced the risks involved in the process.  Our specialists can also help you tap into other valuable services such as Project Management, Design and Workplace Innovation. 

Our streamlined process is one factor that has led to JLL being known as the market leader in Hong Kong since the 1970s.   

JLL's Hong Kong transactions team is the largest in Asia Pacific. We endeavour to combine deep local expertise and market insight with global best practices to secure you a competitive advantage in all negotiations. We've represented some of the largest private sector tenants in Hong Kong, and more Fortune 500 companies than anyone else.  

Our team was named 'Office Team of the Year' in 2014 and 2015 by the Royal Institute of Chartered Surveyors (RICS) - the only international accredited real estate body in Hong Kong. JLL was also awarded the RICS Hong Kong 'Best Deal of the Year' award in 2016 and has been named one of the World's Most Ethical Companies by the Ethisphere Institute for eight straight years.

Please contact us if you are considering any of the following:

  • Lease
  • Acquisition
  • Lease Disposal
  • Rent Review
  • Lease Renewals
  • Lease Restructurings
  • Workplace Innovation
  • Project Management
  • Capital Markets
  • Tailored Market Research specific to your company
  • Corporate Residential or School Placement services
  • Valuation Advisory​​

We pride ourselves on knowing the kind of space that tenants want. That knowledge underlies leasing strategies that secure the best lease terms and forge long-term relationships for lasting value.

We have worked with tenants from a broad spectrum industries to help find the optimum deal to enable them to meet their business goals.  Here's what a few of them have told us about their experience:

Biotechnology Start Up
"J
LL did an excellent job securing a suitable location at a very competitive price for Hong Kong. JLL was extremely knowledgeable and professional which helped guide us through many options. They also prepared detailed comparisons and financial models." 

Financial Services Company
"The JLL team have demonstrated impressive attention to detail and patience in working with us and accommodating our unique needs."

Global Logistics Provider
"JLL expressed great interest in understanding our company's needs and spent tremendous effort in meeting our requirements/ expectations. Their market knowledge is remarkable, which really supported our decision marking."

Hedge Fund
"Excellent service
and superior understanding of the market and our needs. Accessible 24/7 without hesitation."

Accounting Firm
"JLL demonstrated a high degree of professionalism through the process. The team looked after our needs and succeeded in negotiating with the landlord for favourable terms, which well exceeded our expectations."​

Global Rating Agency
"JLL's Tenant Representation experts are true professionals and have served as trusted advisors for many years.  We are extremely pleased with their service and will continue using them on projects going forward." 


Co-Working: An opportunity for Hong Kong

WeWork, a global pioneer in shared office spaces, is bringing its co-working concept to Hong Kong. Brian Brenner, Head of Tenant Representation, explains how JLL secured a huge new flagship for the company in Causeway Bay.

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Related news and research

 

 

Strong Leasing Momentum Pushes Rents up Across-the-Board/hong-kong/en-gb/news/662/strong-leasing-momentum-pushes-rents-upStrong Leasing Momentum Pushes Rents up Across-the-Board<p style="text-align:justify;"><strong>HONG KONG, April 25, 2018</strong> – Strong leasing momentum driven by tenant decentralisation and sustained expansionary requirements from PRC occupiers has pushed rents up in the office market as a whole, according to JLL's latest <a href="http://www.jll.com.hk/hong-kong/en-gb/research/353/2018-property-market-monitor-hkg-apr-2018">Property Market Monitor</a>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Hong Kong East continued to lead the way with rents growing 0.6% m-o-m on the back of strong pre-leasing at One Taikoo Place in Quarry Bay. Strong interest has been shown from large occupiers, among which EY was reported to have pre-leased about 146,300 sq. ft. at the development. In Wanchai/Causeway Bay, rents advanced by 0.3% m-o-m as the vacancy rate dropped to 2.1%, its lowest level in almost two years.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">In Central, requirements from PRC banking and financial institutions remained the main drivers of rising leasing demand, accounting for 76% of new lettings in the submarket during the month. Notable new lettings included those from Huaxia Bank, which reportedly leased 14,000 sq. ft. at Two IFC to accommodate expansion plans, and Ping An Securities, which expanded out of its Sheung Wan offices to lease a whole floor of approximately 14,300 sq. ft. at CITIC Tower in Admiralty.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Net absorption amounted to 376,700 sq. ft. with rents in the overall market rising a further 0.2% m-o-m in March.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Alex Barnes, Head of Markets at JLL, </strong>says: "Rents in Central are poised to surge ahead as Mainland Chinese companies show no signs of slowing their expansion and there are some large requirements active in a tight vacancy market.  Not surprisingly, Central's high rents and tight supply will accelerate the relocation of large occupiers to consider emerging core office districts, allowing  room for landlords in these areas to raise rents. Vacancy rates of Grade A offices are expected to tighten further and push rents higher in 2018, and beyond."</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Denis Ma, Head of Research at JLL</strong>, adds: "While prime office rents look set to head north, the retail market also maintained its strong run in 2018 with key demand drivers recording substantial double-digit growth in January-February. Retail rents are on the verge of recovery given visible improvements in the inbound tourism market and retail sales. We expect this momentum to carry through to the leasing market over the coming months."<br></p><p style="text-align:justify;"> </p><table cellspacing="0" width="100%" class="ms-rteTable-default"><tbody><tr><td class="ms-rteTable-default" style="width:14.2857%;"><strong>Grade A Office Vacancy Rates</strong></td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td></tr><tr><td class="ms-rteTable-default"><strong>Period</strong></td><td class="ms-rteTable-default"><strong>Overall</strong></td><td class="ms-rteTable-default"><strong>Central</strong></td><td class="ms-rteTable-default"><p style="text-align:justify;"><strong>Wanchai /</strong></p><p style="text-align:justify;"><strong>Causeway Bay</strong></p></td><td class="ms-rteTable-default"><strong>Hong Kong East</strong></td><td class="ms-rteTable-default"><strong>Tsimshatsui</strong></td><td class="ms-rteTable-default"><strong>Kowloon East</strong></td></tr><tr><td class="ms-rteTable-default"><strong>End-Mar 18</strong></td><td class="ms-rteTable-default">4.6%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.1%</td><td class="ms-rteTable-default">2.4%</td><td class="ms-rteTable-default">2.4%</td><td class="ms-rteTable-default">11.8%</td></tr><tr><td class="ms-rteTable-default"><strong>End-Feb 18</strong></td><td class="ms-rteTable-default">5.0%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.8%</td><td class="ms-rteTable-default">4.4%</td><td class="ms-rteTable-default">2.5%</td><td class="ms-rteTable-default">11.8%</td></tr></tbody></table><p style="text-align:justify;"><strong><em>Source: Research, JLL</em></strong></p><p style="text-align:justify;"> </p><p style="text-align:center;">– ends –<br></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
Nos. 61, 63, 65 and 67 Soy Street, Kowloon for Auction under Land (Compulsory Sale for Redevelopment) Ordinance/hong-kong/en-gb/news/663/61-63-67-soy-street-public-auctionNos. 61, 63, 65 and 67 Soy Street, Kowloon for Auction under Land (Compulsory Sale for Redevelopment) Ordinance<p style="text-align:justify;"><strong>HONG KONG, April </strong><strong>25</strong><strong>, 2018</strong> – JLL has been appointed as auctioneer for the public auction of the buildings at Nos.61, 63, 65 and 67 Soy Street, Kowloon pursuant to an Order for Sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The public auction will be held at 11:30 am on May 18, 2018 (Friday). The reserve price of the property is HK$386,391,000.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The property encompasses two pairs of five-story tenement buildings at Nos. 61, 63, 65 and 67 Soy Street, Kowloon which were completed in 1955.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The property occupies a total site area of 3,535 square feet or 328.4 sq m.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The site is zoned as "Residential (A)", with the property being sold partly with vacant possession and partly subject to existing lettings and tenancies (if any) and on an "as is" basis. The site is allowed a maximum plot ratio of 7.5 and a maximum building height of 80 metres PD for residential development; and a maximum plot ratio of 9.0 and a maximum building height of 80 metres PD for residential cum commercial development.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The purchaser of the property and the purchaser's successors in title will be subject to the conditions specified in Schedule 3 of Land (Compulsory Sale for Redevelopment) Ordinance and the conditions specified in the Order for Sale and any subsequent directions made by the Lands Tribunal (if any).</p><p style="text-align:justify;"> </p><p style="text-align:justify;">The auction will be held at JLL office, 6/F Three Pacific Place, 1 Queen's Road East, Hong Kong.</p><p style="text-align:justify;"> </p><p style="text-align:center;">– ends –<br></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
From ‘Bamboo Pit’ to Hong Kong Office Hit/hong-kong/en-gb/news/special/72/jll-office-wong-chuk-hangFrom ‘Bamboo Pit’ to Hong Kong Office HitCluster of new Grade A office towers transform formerly industrial Wong Chuk Hang0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64

 

 

Hong Kong Property Market Monitor - April 2018/hong-kong/en-gb/research/353/2018-property-market-monitor-hkg-apr-2018Hong Kong Property Market Monitor - April 2018Retail market sees an evident comeback in visitor arrivals and retail sales0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Property Market Monitor - March 2018/hong-kong/en-gb/research/349/2018-property-market-monitor-hkg-march-2018Hong Kong Property Market Monitor - March 2018Tight vacancy environment has larger occupiers eyeing opportunities in Hong Kong East0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Property Market Monitor - February 2018/hong-kong/en-gb/research/346/2018-property-market-monitor-hkg-feb-2018Hong Kong Property Market Monitor - February 2018Investment market continues to hit new highs0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045