Exchange Square (Hong Kong)
| Company type | Office complex |
|---|---|
| Industry | Commercial real estate |
| Founded | February 1982 |
| Headquarters | Central , Hong Kong |
| Products | Office space, retail space |
| Owner | Hong Kong Land (majority), Government (minority) |
Exchange Square () stands as a key office complex located in Central, serving as the home to the Hong Kong Stock Exchange. It is conveniently reachable via the Central and Hong Kong MTR stops.
The property is predominantly owned by Hong Kong Land, with a minority stake held by the Government. Exchange Square consists of three main towers: One Exchange Square, Two Exchange Square, and Three Exchange Square. The former retail area known as The Forum was transformed into office premises between 2011 and 2014.
At street level, the complex features a significant bus terminus, the Central (Exchange Square) Bus Terminus.
Tenants
Since the 1980s, Exchange Square has functioned as the headquarters for the Hong Kong Stock Exchange. It hosts a variety of global financial institutions and legal firms including Bank of Montreal, Commonwealth Bank of Australia, Lloyd George Management, DLA Piper, Ropes & Gray, RPC, Latham & Watkins, and Allen & Overy. Other prominent occupants are Sixth Street Partners, Aberdeen Standard Investment, Angelo Gordon, Bluepool Capital, China Merchants Securities, CSOP, CQS, Evercore, Fanda Partners, Harvest Fund, Hillhouse Capital, Hopu Investment, and Janchor Partners. The site also houses the Hong Kong International Arbitration Centre, the American Club of Hong Kong, along with consulates representing Argentina, Canada, and Japan.
Plot
In February 1982, Hong Kong Land acquired the site by bidding HK$4.76 billion during a peak market period. Subsequent price declines necessitated financial restructuring. By February 1983, HKL arranged an eight-year loan amounting to HK$4 billion, setting a new record at that time. In December 1983, the land was mortgaged to support a HK$2.5 billion loan facility. The remaining HK$2 billion tranche was scheduled for repayment in the 1984/85 fiscal year.
Phase three
The third phase of development involved an investment of HK$750 million and includes a 32-storey office building offering 322,000 square feet of floor area alongside a 32,000 square foot retail mall. Gammon Hong Kong was appointed as the substructure contractor for this phase.
The Forum
Originally serving as a podium-level shopping center, The Forum () underwent redevelopment from 2011 to 2014 into a seven-story office tower encompassing 4,460 square meters of space. It is entirely leased by Standard Chartered Bank. The adjacent plaza features landscaped gardens, terraces, water features, and sculptures created by renowned artists such as Henry Moore and Ju Ming.
Nearby buildings
- Jardine House
- Chater House (previously known as King's Building)
- Mandarin Oriental (formerly called Queen's Building)
- Alexandra House
- Prince's Building
- The Landmark
- Cheung Kong Center
- HSBC Building
- Standard Chartered Hong Kong
- Three Garden Road
- World-Wide House
- Wheelock House
- Hang Seng Bank Headquarters Building