US investment bank JP Morgan has agreed to lease six floors of Artist Square Towers (AST) at the West Kowloon Cultural District, local developer Sun Hung Kai Properties (0016) said.
The financial services firm will occupy six connected floors of AST’s East and West Towers, totalling approximately 250,000 square feet, under a ten-year lease, it said in a statement on Friday.
The commitment stands as a “resounding vote of confidence in Hong Kong’s enduring strength as a premier international financial center,” said SHKP chairman and managing director Raymond Kwok Ping-luen.
Targeted for completion in 2027, AST comprises three harbourfront blocks – East Tower, West Tower and South Tower – offering approximately 672,000 square feet of office space and 27,000 square feet of retail space.
The East and West Towers are linked across the top eight floors, with JP Morgan taking the top six connected floors.
