International real estate firm Savills has been appointed as the lead agent by order of the receivers for the sale of the whole floor of 26/F and 27/F, World-Wide House, No. 19 Des Voeux Road, Central ("The Property"). The Property has a total gross area of approximately 20,766 square feet and will be sold on an as-is basis with vacant possession. The tender closing date is scheduled for 22 January, 2025 (Wednesday).
The Property is located in the top-tier Core Business District in Central and it is a rare Grade A office building atop the Central MTR Station. The building features a pedestrian footbridge connecting to several renowned shopping malls, five-star hotels, and a cluster of Grade A office buildings, creating a vibrant commercial atmosphere. In addition, the Property comprises the top two floors of the building, offering stunning sea view of the Victoria Harbour.
The main occupiers of World-Wide House include renowned law firms, financial institutions, and medical centres. Its inherent geographical advantages have successfully attracted many high-end companies, family offices, and professional institutions to establish their headquarters or regional offices in the building, providing them with an ideal office environment.
Mr. Raymond Wan, Chief Senior Director, Investment at Savills Hong Kong said, “Whole floor office spaces in World-Wide House are rarely available for sale.The last whole-floor transaction were recorded in 2018, when the entire 11th floor was sold at a unit price at HKD 44,000 per square foot. In reference to other recent top-tier Grade A office transactions in Central, the 66th and 75th Floor at The Center were just transacted at an unit price of approximately HKD 27,000 per square foot, reflecting that top-tier office spaces in Central still have strong demand. Additionally, the Property for sale comprises the top two floors of World-Wide House, making it a unique offering. Users and investors should seize this rare opportunity to acquire a premium and distinctive office space.”