This month’s Office Insider discusses technologies like blockchain and cryptocurrencies, and their role in the commercial real estate space.
Editor's Interview Lee Garden Three 1 Sunning Road, Causeway Bay Fiona Ngan (Left) and Jessica Yip (Right) In this month’s landlord interview, we have invited Jessica Yip, Director (Office & Residential) from Hysan, to talk about their brand-new development: Lee Garden Three. Conveniently located in the heart of Causeway Bay and surrounded by entertaining retail outlets, Lee Garden Three is the newest premium commercial building with a LEED Gold Award pre-certification A-Grade office space. It is also a BEAM Plus Provisional Platinum building. What are Lee Garden Three’s visions and objectives? We want to provide our tenants with better LEAP values and an efficient Grade-A office space, all to ensure they get better value for their money. Lee Garden Three is already a great alternative to Central; it has cosmopolitan retail outlets and restaurants, prestigious office spaces, and abundant parking options. It is a nice new addition to the Lee Gardens office portfolio. What trends do you foresee in the green building movement? With employee wellness becoming a priority for tenants, green buildings have become a major market differentiator. We believe that employee wellness and a sustainable community are becoming essential in term of recruitment and retention. At Hysan, we aim to create unique communities where people love to live, work and play, not just for the now but for years to come. Page 6 | Colliers International | Office Insider | February 2018
Editor's Interview What makes Lee Garden Three an office space where people would like to work in? Lee Garden Three offers various lifestyle options. The 15th floor hosts the Sky Garden, a covered outdoor garden with a variety of natural greenery and surrounded by a 100-meter jogging track. It is a place for tenants to find inspiration and rejuvenate their spirits. The building is also well connected, as it is well-served by various means of transportation and a variety of 24/7 amenities. What kind of tenant mix would you like to attract? We would like our portfolio to consist of a diversified mix of well-known industry tenants from banking and finance, professional services, and telecommunications, media and technology. We are also interested in attracting co-working operators. How does Lee Garden Three differentiate itself from the other major buildings in Causeway Bay, Central, and Island East areas? Lee Garden 3 is a mixed-use building with top green credentials and its office floors feature large plates of 17-18,000 sq.ft per floor, with column free layouts and an average 91% space efficiency. A specially built inter-floor staircase provides a sunlit space and a convenient way to foster communication between internal offices, creating a good environment for multiple floor users and business networking. The in-house carpark can fit up to 200 cars, and the car parks in the Lee Gardens area hold 900+ spaces. It is also the only office building with a covered front drop-off area in the district. Lee Gardens also provides a membership called “Lee Gardens Plus”, which offers a range of different activities and privileges to the tenants. We truly believe that our first-class office space and retail facilities truly stand out as some of the most dynamic in Hong Kong. It is an ideal location for people to work, shop, and play. How will Lee Garden Three impact the Causeway Bay area – both in office and retail? We don’t see Lee Garden Three as a stand-alone office building. It is part of a community that is promoting better living through wellness and sustainability, as well as a cosmopolitan lifestyle. The building is presented as a response to the trends impacting today’s workforce – millennials. We believe that this younger workforce will love the location and the amenities in the building. In turn, they will help energize the area. Page 7 | Colliers International | Office Insider | February 2018