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Exchange Square (Hong Kong)

Office complex in Central, Hong Kong


Summary

Office complex in Central, Hong Kong

FieldValue
nameExchange Square
native_name交易廣場
statusComplete
imageHK Exchange Square.jpg
image_size200px
captionOne and Two Exchange Square
location8 Connaught Place, Central, Hong Kong
coordinates
start_date
completion_date
architectPalmer & Turner
ownerHongkong Land
costWhole project:
floor_areaTotal:
130680 m2
floor_count
references
building_typeOffice
roof188 m
elevator_count
main_contractorGammon Construction
opening
developerHong Kong Land

130680 m2

Exchange Square () is a building complex located in Central, Hong Kong. It houses offices and the Hong Kong Stock Exchange. It is served by the Central and Hong Kong stations of the MTR metro system.

Most of the Exchange Square is owned by Hong Kong Land, with the remaining portion owned by the Government. The building has three blocks, namely, One Exchange Square, Two Exchange Square and Three Exchange Square. A shopping block known as The Forum was redeveloped as an office building in 2011–14.

The ground level houses a large bus terminus, Central (Exchange Square) Bus Terminus.

Tenants

The property is the home of the Stock Exchange of Hong Kong since the 1980s. It also houses many international banking and law firms including Bank of Montreal, Commonwealth Bank of Australia, Lloyd George Management, DLA Piper, Ropes & Gray, RPC, Latham & Watkins and Allen & Overy. Other major tenants include Sixth Street Partners, Aberdeen Standard Investment, Angelo Gordon, Bluepool Capital, China Merchants Securities, CSOP, CQS, Evercore, Fanda Partners, Harvest Fund, Hillhouse Capital, Hopu Investment and Janchor Partners. Exchange Square is also home to the Hong Kong International Arbitration Centre, the American Club of Hong Kong, and the consulates in Hong Kong of Argentina, Canada, and Japan.

Plot

Hong Kong Land tendered the government HK$4.76 billion for the plot in February 1982, when the market was at a record high. Prices subsequently dropped, necessitating its debt to be restructured. In February 1983, HKL obtained an eight-year loan of HK$4 billion, a record. In December 1983, it announced that the plot was to be mortgaged to secure a HK$2.5 billion loan facility. The second instalment of HK$2 billion on the plot was due in the financial year 1984/85.

Phase one

Phase two

--

Phase three

Development cost HK$750m, 32-storey 322000 sqft office tower, 32000 sqft mall, substructure contractor Gammon Hong Kong.

The Forum

The Forum () was a shopping complex at the podium level. From 2011 to 2014, it was redeveloped into a seven-storey office building with a floor area of 4,460 sq m. It is wholly occupied by Standard Chartered Bank. The plaza outside the forum includes a landscaped roof garden, stepped terraces and fountains, and a collection of sculptures by artists such as Henry Moore, Ju Ming and Dame Elizabeth Frank.

Nearby buildings

  • Jardine House
  • Chater House (formerly King's Building)
  • Mandarin Oriental (formerly Queen's Building)
  • Alexandra House
  • Prince's Building
  • The Landmark
  • Cheung Kong Center
  • HSBC Building
  • Standard Chartered Hong Kong
  • Three Garden Road
  • World-Wide House
  • Wheelock House
  • Hang Seng Bank Headquarters Building

References

References

  1. "Exchange Square". Council on Tall Buildings and Urban Habitat.
  2. Lau Wai-kong, [http://sunzi1.lib.hku.hk/newspaper/view/12_07.01/117352.pdf $2.5B STANDBY FACILITY – Land mortgages Phase One of Exchange Square] {{Webarchive. link. (20 August 2024 , [[The Standard (Hong Kong)). The Standard]], 9 December 1983
  3. Michael Blendell, [http://sunzi1.lib.hku.hk/newspaper/view/06_06.01/97656.pdf Bark worse than his bite] {{Webarchive. link. (20 August 2024 , [[South China Morning Post]], 1 March 1984)
  4. John Mulcahy, [http://sunzi1.lib.hku.hk/newspaper/view/04_08.01/110313.pdf Hongkong Land plans third tower] {{Webarchive. link. (20 August 2024 , [[South China Morning Post]], 29 January 1985)
  5. [http://www.hkland.com/commercial_property/hongkong_properties/exchangesquare3/ Hongkong Land Official Site] {{webarchive. link. (10 February 2009)
  6. link. (22 August 2014 The Standard. Retrieved 27 January 2012)
  7. "The Forum, Hong Kong (Completion year: 2014)". HKIA.
  8. [https://commons.wikimedia.org/wiki/File:HK_%E4%B8%AD%E7%92%B0_Central_%E4%BA%A4%E6%98%93%E5%BB%A3%E5%A0%B4_Exchange_Square_sculpture_metal_Sitting_Couple_by_Lynn_Chadwick_January_2020_SS2_03.jpg Lynn Chadwick (1914-2003). ‘Sitting Couple’, 1989-1990. Bronze, Ed. 9/9. 255 x 331 x 224 cm] {{Webarchive. link. (20 August 2024 Hongkong Land. Retrieved 8 January 2024.)
Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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