KPMG the ﬁrst ofﬁce tenant at Hysan Place Hong Kong
Hysan Development Company Limited (“Hysan”) today announced the ﬁrst ofﬁce tenant for its newest property, Hysan Place: KPMG, the international accounting ﬁrm. As part of its continued expansion in Hong Kong, KPMG has signed a nine-year lease for the 20th to the 25th ﬂoors of the building, taking up an area of approximately 80,000 sq ft. KPMG will consolidate its Central ofﬁces into one building, further expanding and relocating a substantial part of its client-facing professional practice groups to Hysan Place when the building opens in the second half of 2012.
Wendy W.Y. Yung, Executive Director at Hysan, said: “We are delighted to welcome an organization of the caliber of KPMG. Hysan Place represents the next generation of ofﬁce buildings – it is the ﬁrst LEED Platinum pre-certiﬁed building in Hong Kong, on top of best-in-class architecture and technical speciﬁcations. Over the years, Hong Kong has established itself as an international ﬁnancial center, and with the ever-growing demand for top-quality ofﬁce space, Hong Kong needs more than one core business district. This transaction reﬂects the ﬁnancial community’s solid endorsement of our Causeway Bay ofﬁce community as the most natural extension of Central.”