Hong Kong, 27 September 2017 – Global real estate services leader Colliers International and Angelo, Gordon the global investment advisor at today press conference announced that EDGE - the latest non-traditional revitalised office building with cutting-edge design in Kwai Chung - provides attractive workspace for companies looking for alternative office options.
New infrastructures and highways such as the Hong Kong – Zhuhai – Macau Bridge (HZMB) and the Tuen Mun Western Bypass (TMWB) will reinforce Kowloon West as a new business district, in particular Kwai Chung. “The rental spike in the office market not only lead more traditional tenants to consider revitalised buildings, but the competitive rents in Kowloon West also put second thoughts for Kowloon East tenantsas an alternative. With the Belt and Road initiatives and the Greater Bay Area plan in place, it is foreseeable that Kwai Chung is emerging as a new logistics hub with more logistics and sourcing companies moving to the district to enjoy locational advantages of nearby container terminals,” Daniel Shih, Director of Research of Colliers International said.
Unlike traditional revitalised office buildings, the branding concept and building specifications of EDGE is intelligently crafted around the needs of companies with requirements such as big floor plate, raised floor, full height glass windows, exceptional finishing that allows quick move in and, most importantly, affordable rents. It is designed in a fresh, contemporary style which will attract big corporates who consider relocating or consolidating part of their operation.
With nearby industrial buildings under renovation, the vibrant community is expanding around the corner, bringing a whole new makeover to the district in the upcoming years. “The new upcoming Revitalisation Scheme will strengthen the revitalised office market, offering diverse alternatives for company relocation. The revitalisation and new projects in the surroundings will also further enhance the commercial atmosphere of Kwai Chung. Nevertheless, rents at EDGE are are competitive in compared with KCC and Metroplaza,” Fiona Ngan, General Manager, Head of Office Services of Colliers International said.
EDGE has nine floors with a total gross floor area of 179,200 sq ft from 2/F to 8/F, and 36,000 sq ft of retail space on G/F and 1/F. The retail space will offer in-house food and beverage outlet, bank, gym and a newly opened coffee bar at the lobby area. The remarkable modern design in marble and wood with a high ceiling creates a warm and welcoming atmosphere in the lobby area. An approximate 3,000 sq ft rooftop space is provided exclusively for the top floor’s tenant. Anchor tenants DHL and Shipco have already occupied 50% of office space.
EDGE is just 10 minutes’ walk from Kwai Hing MTR station connected with a covered walkway and the second entrance on Castle Peak Road also offers quick access for tenants who travel by bus. It is easily accessible by car from Central (14 mins), Tsim Sha Tsui (12 mins), the Airport (22 mins) and Lok Ma Chau (25 mins).