Kellett School, a British international school in Hong Kong, has leased over 40,000 square feet across two floors at The Bay Hub, an office building in Kowloon Bay, in what Jones Lang LaSalle said is the city’s third-largest retail leasing transaction this year.
The property is owned by the joint-venture between Pacific Alliance Group and Mapletree. The new premises will serve as an extension of the school’s existing Kowloon Bay campus.
Kellett School has leased the entire first and second floors, totaling approximately 45,272 square feet in gross floor area. The new campus, pending approval from the Education Bureau, is scheduled to commence operations in August next year.
The new bespoke Sixth Form Centre with a capacity for 240 students will be connected by a footbridge to Kellett's existing Kowloon Bay campus.
Hong Kong’s three biggest retail leases this year have thus far all been signed by international schools, according to JLL Research.
The occupancy rate of The Bay Hub has risen to nearly 70 percent as of end-August.
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