The hotel operator says it is discussing a potential sale of the prime space in the site formerly occupied by The Excelsior

Mandarin Oriental International said on Tuesday it was in discussions regarding the potential sale of a portion of its prime mixed-use building, One Causeway Bay, in one of Hong Kong’s top retail and business hubs.

The company, which operated 43 assets worldwide as of June, said negotiations were ongoing but “there can be no certainty that any sale will proceed, nor as to the terms on which such a sale might be made”.

“A further announcement will be made if and when appropriate,” it said.

A local media report identified e-commerce giant Alibaba Group Holding as a potential buyer for the top 13 floors of the property, which comprise 270,000 sq ft. Alibaba, which owns the Post, is reportedly considering the space for HK$7 billion (US$899 million).

Alibaba declined to comment on Tuesday.

According to a source, Alibaba was in talks to buy office space at One Causeway Bay.

If the deal goes through, it could be the most expensive commercial property acquisition in Hong Kong this year in terms of lump-sump payment, which translates to just under HK$26,000 per square foot.

In July, the Law Society of Hong Kong spent HK$345 million for 24,980 sq ft on the entire 26th floor of The Center on 99 Queen’s Road Central.

In April, Hong Kong Exchanges and Clearing agreed to pay HK$6.3 billion – more than HK$42,800 per square foot – for office floors and retail space in One Exchange Square and related assets from Hongkong Land in Central, in one of the city’s largest commercial property transactions in two years.

Those office purchases have brought some relief to Hong Kong’s beleaguered commercial property market, where total empty office space is estimated at 15 million sq ft – larger than all the space in prime office buildings in the main business district of Central, according to data compiled by a property agency.

One Causeway Bay is one of several new office and retail towers in the city scheduled for completion this year and next.

Before its redevelopment, the site was home to The Excelsior, an iconic waterfront hotel built on one of the first plots of land sold during the British colonial era. The four-star hotel closed at the end of March 2019 to make way for a new building.

Mandarin Oriental allocated a budget of US$650 million for the project. Hongkong Land, the largest commercial landlord in Central, serves as the project manager.

Meanwhile, development of Lee Garden Eight in Causeway Bay – a joint venture between Hysan, the district’s largest commercial landlord, and Chinachem Group – is set to finish next year and will feature over 1 million sq ft of office space.

(South China Morning Post)

For more information of Office for Lease at One Causeway Bay please visit: Office for Lease at One Causeway Bay

For more information of Office for Lease in Lee Garden please visit: Office for Lease in Lee Garden

For more information of Grade A Office for Lease in Causeway Bay please visit: Grade A Office for Lease in Causeway Bay

For more information of Office for Sale in The Center please visit: Office for Sale in The Center

For more information of Grade A Office for Sale in Central please visit: Grade A Office for Sale in Central

For more information of Office for Lease at Exchange Square please visit: Office for Lease at Exchange Square

For more information of Grade A Office for Lease in Central please visit: Grade A Office for Lease in Central

海富中心極低層4千萬沽 呎價跌破1萬

16年新低 老牌本地財團持有曾作總部

散業權甲廈價仍在回調，金鐘海富中心極低層單位以約4,000萬元成交，呎價跌破1萬元，為16年新低。

市場消息稱，金鐘海富中心錄得一宗買賣成交，涉及一座低層01室，面積約4,165平方呎，以約4,000萬元成交，呎價十多年來首度跌破1萬元，僅約9,603，屬該廈2009年以來呎價新低。

該單位由一老牌本地財團持有，早年作總部，現已遷出。業主6月份曾以5,200萬元放售，終減價約23%沽出。事實上，該單位處極低層，呎價一般較平，而單位連同基本寫字樓裝修及傢俬，值得一提，單位屬海富中心內可享開揚中環景觀的坐向。

中環甲廈 造價回2010年水平

翻查資料，大廈於2019年商廈高峰期，呎價高見3.5萬元，涉及一座高層B02室，單位面積3,061平方呎，成交價1.09億元，呎價35,609元。其後大市轉差，該廈交投亦減少，價格回落，對上成交已為2023年9月，海富中心二座605室，面積約1,060平方呎，以2,014萬元成交，呎價約1.9萬元。

今年整體分層甲廈呎價普遍回落，多屬近年新低成交，例如上環中遠大廈，在過去一個月錄3宗買賣，包括23樓全層，單位面積約19,746平方呎，以約2.2億元成交，呎價約11,141元，一度創下近十多年新低，其後9月份，拍賣場上錄得物業成交，涉及中遠大廈14字樓1401至1403及1413室，約4,800萬元成交，以面積約5,275平方呎計算，呎價約9,100元，再打破新低紀錄。

另外，中環指標甲廈皇后大道中9號錄成交，由恒興業集團趙氏家族持有的中環皇后大道中9號10樓全層，早前以約2.2億元易手，平均呎價約1.6萬元，造價重返2010年水平，創15年新低。

(經濟日報)

更多海富中心寫字樓出售樓盤資訊請參閱：海富中心寫字樓出售

更多金鐘區甲級寫字樓出售樓盤資訊請參閱：金鐘區甲級寫字樓出售

更多中遠大廈寫字樓出售樓盤資訊請參閱：中遠大廈寫字樓出售

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更多皇后大道中9號寫字樓出售樓盤資訊請參閱：皇后大道中9號寫字樓出售

更多中環區甲級寫字樓出售樓盤資訊請參閱：中環區甲級寫字樓出售

新港中心中高層呎租33 市價水平

商廈租務仍活躍，消息指，尖沙咀廣東道新港中心一座中高層03室，面積約1,500平方呎，以每呎約33元租出，屬市價水平。

另同地段的力寶太陽廣場極低層07室，面積約4,238平方呎，成交呎租約30元。

(經濟日報)

更多新港中心寫字樓出租樓盤資訊請參閱：新港中心寫字樓出租

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更多尖沙咀區甲級寫字樓出租樓盤資訊請參閱：尖沙咀區甲級寫字樓出租

珠江船務6738萬沽上環億利商業大廈全層

近期商廈交投升溫，珠江船務沽售上環億利商業大廈25樓全層，作價約6738萬，買家為上市公司金輝集團 (0137) 旗下的子公司，將於約滿後收回物業自用。

金輝相關公司承接

上環億利商業大廈25樓全層，建築面積約6350方呎，以6738萬易手，平均呎價約10611元，物業連約易手，租期至2027年6月30日，買家金輝集團旗下子公司將於約滿後收回單位自用。根據金輝集團公布，買家已支付336.9萬首期按金，於10月13日或之前簽署正式協議時支付336.9萬，並於12月12日或之前完成交易，支付餘額6064.2萬。

金輝集團指，集團主要業務為國際性船舶租賃及擁有船舶，該物業與集團總部位於同一幢樓宇內，位於鄰近中環核心商業區，具長期投資潛力。

(星島日報)

更多億利商業大廈寫字樓出售樓盤資訊請參閱：億利商業大廈寫字樓出售

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投資者黎永滔6200萬沽旺角舊樓

由資深投資者黎永滔持有的西洋菜南街132號全幢舊樓，以6200萬易手，市傳買家為澳門老牌家族成員，物業約16年間貶值39%。

持貨16年貶值39%

西洋菜南街132號全幢商住樓，樓高6層，總樓面約4086方呎，以6200萬易手，平均每呎15174元，該全幢2019年由內地護膚品牌植物醫生承租作為旗艦店，月租45萬。

惟近期市傳租客決定撤出，黎永滔亦以每月23萬將全幢放租，本報昨日聯絡黎永滔，惟直至截稿時仍未聯絡得上。

該物業1967年落成，早年由「四大探長」前新界區總華探長韓森或有關人士持有，1970年買入價僅約14萬，韓森於1971年8月退休，其後廉政公署於1974年成立，因涉嫌貪污而被通緝，隨後逃亡至台灣，並於1999年8月離世。

律政司司長追討韓森懷疑貪污得來資產，韓森親屬在2006年與律政司達成庭外和解，交出總值1.4億資產，包括西洋菜南街132號全幢物業。2009年10月，產業署推出該全幢拍賣，黎永滔以1.01億購入，儘管當年為「金融海嘯」後低潮，市況仍較現時為佳，該物業於過去16年帳面貶值約39%，涉資3900萬。

(星島日報)