Property News · June 3, 2020

Australian investment bank Macquarie surrenders office space in One IFC, one of Hong Kong’s most prestigious addresses


Australian investment bank Macquarie Group is giving up a major portion of space it leases at One IFC, one of the most expensive office buildings in Hong Kong, as finance firms rethink their office needs in the city and look to save costs in an uncertain economy.Macquarie will surrender 13 out of 16 units on the 20th floor before the end of September, according to Land Registry documents.That space, amounting to about 17,000 square feet, had been sublet to The Executive Centre since 2015, which…

Source : South China Morning Post
Read more…Australian investment bank Macquarie surrenders office space in One IFC, one of Hong Kong’s most prestigious addresses