AXA Signs 10-Year Lease for Two-Half Floors at Sun Hung Kai's IGC, Moving In 2028
AM730 · 3 SOURCESabout 2 hours ago1 MIN
Summary
Sun Hung Kai Properties and AXA have signed a major 10-year lease agreement for approximately 97,500 square feet spanning two-and-a-half floors at the International Gateway Centre (IGC), the Grade A office complex positioned above Hong Kong's high-speed rail station. AXA plans to establish a flagship one-stop wealth management center by early 2028, marking a significant expansion of its distribution capabilities in Asia.
Key Points
- Sun Hung Kai Properties (016) and AXA signed a 10-year lease for about 97,500 square feet across 2.5 floors at IGC
- The insurance giant will establish a new distribution office and flagship wealth management center, targeted to open in early 2028
- IGC sits atop Hong Kong's only high-speed rail station, providing one-hour access to major Greater Bay Area cities
- IGC comprises twin towers with four Grade A office towers offering approximately 2.5 million square feet of premium office space
- AXA executives stated the 10-year commitment demonstrates strong confidence in Hong Kong's future prospects
Why It Matters
AXA's move to IGC underscores the growing appeal of West Kowloon as a next-generation core business district, with its seamless high-speed rail connectivity to mainland China. The long-term commitment by a global insurance leader highlights Hong Kong's continued relevance as a premier wealth management hub for cross-border financial services .