The developer of Two International Finance Centre, Central, has started marketing phase one of the office tower, one of two major new projects in core Central.
Developed by the Sun Hung Kai Properties (SHKP) and a Henderson Land-led consortium, the 88-storey Two IFC will become Hong Kong's tallest building when completed in the third quarter of 2003.
Victor Lui Ting, executive director of Sun Hung Kai Real Estate Agency, the marketing arm of SHKP, said the average asking monthly rental for phase one, the lower zone of the tower, was slightly higher than HK$50 per square foot on lettable floor area.
Phase one of Two IFC represents the 8th to 32nd floors of the tower, with a total lettable area of 500,000 sq ft. It will be ready for occupation in the third quarter next year. Each office-floor has about 20,000 sq ft.
Mr Lui said the property was opened for visits by prospective tenants even before the official launch.
'Some CEOs or company chairmen visited Hong Kong and wanted to look at our project. Several well-known companies are in preliminary negotiations to lease office space, and the shopping centre will introduce new top brand names,' he said.
Mr Lui expects more than half of the space in phase one to be leased within the year.