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1113 — CK Asset Holdings News Story

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Hong Kong's CK Asset says Susquehanna leases floors in its office tower

Hong Kong's CK Asset says Susquehanna leases floors in its office tower 

- Hong Kong property developer CK Asset 1113.HK on Thursday confirmed U.S. trading firm Susquehanna International Group has leased three floors in one of its office towers.

  • The space the Philadelphia-based group has taken on rent in Cheung Kong Center II covers nearly 52,000 square feet, the developer said.

  • CK Asset said its new office tower overlooking the Victoria Harbour in Central business district has been nearly fully leased, with tenants including international financial institutions and family offices from both mainland China and overseas.

  • Reuters reported earlier this month Susquehanna was considering leasing in Cheung Kong Center II as it plans to triple its office space in Hong Kong to support a major hiring push.

  • The Philadelphia-based group is focusing on opportunities in China's rapidly growing market for ETFs and other assets to better support its global business, according to a source with knowledge of the matter.


(Reporting by Clare Jim; Editing by Ronojoy Mazumdar)

((clare.jim@thomsonreuters.com;))

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