Johnson Stokes & Master (JSM) acted for Hongkong Land Holdings Limited (Hongkong Land) in its agreement with Hong Kong Exchanges and Clearing Limited (HKEX) to establish HKEX’s permanent headquarters at One Exchange Square, a landmark deal with a total investment of HK$6.3 billion.
The transaction involves HKEX’s acquisition of premium office floors (specifically the top nine floors) and additional spaces at One Exchange Square, as well as long-term leases at Two Exchange Square.
This transaction marks a significant milestone for Hongkong Land, HKEX and Hong Kong, representing one of the largest commercial office deals in recent years. It highlights JSM’s commitment to delivering exceptional legal services on transactions that shape the future of Hong Kong as a leading global financial hub.
The JSM team was led by Real Estate partner FK Au and supported by partner Cherie Leung.