Renowned financial institution to further bolster tenant profile of the flagship property
HONG KONG, CHINA - Media OutReach - 5 August 2019 - Henderson Sunlight Asset Management Limited (the "Manager") is delighted to announce that it has secured a new long term lease agreement for its flagship office property situated at 248 Queen's Road East (currently named "Sunlight Tower") with Dah Sing Bank, Limited ("DSBL"), one of the most established local banking institutions in Hong Kong. Upon lease commencement in October 2020, DSBL will become the anchor tenant of the flagship property, taking up a total gross rentable area ("GRA")of approximately 81,000 sq. ft., or 22% of total GRA. The Manager has agreed to change the building name to "Dah Sing Financial Centre" with effect from lease commencement (or at a later date as mutually agreed).
Mr. Wu Shiu Kee, Keith, Chief Executive Officer of the Manager, commented, "We welcome DSBL as our prospective anchor tenant at Sunlight Tower, which clearly demonstrates the quality of our award winning property. This partnership, which bolsters the tenant profile of the property, also exemplifies the trend and momentum of office decentralization which is beneficial to Sunlight REIT given the strategic locations of its office portfolio. "
Authors: Media Outreach