Beijing Jeweller Laopu Gold Leases Entire Mid-Floor at One Exchange Square for Global Growth
Beijing-based jeweller Laopu Gold is increasing its presence in Hong Kong by leasing a substantial portion of One Exchange Square in Central to aid its international expansion.
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According to the South China Morning Post, the Beijing-based jeweller Laopu Gold has secured a lease for an entire mid-floor within One Exchange Square in Central to facilitate its global expansion efforts, as reported by two sources familiar with the situation.
One source indicated that the brand is taking approximately 13,000 square feet at the flagship Central tower, which is home to Hong Kong Exchanges and Clearing (HKEX).
Data from Centaline Property Agency shows that recent transactions on the 36th floor of the same building have resulted in monthly rents around HK$1.69 million (US$215,000).
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