JPMorgan to Lease Sun Hung Kai’s Office Tower in West Kowloon

JPMorgan Chase & Co. will be the anchor tenant of an upcoming office project in Hong Kong’s West Kowloon area, marking one of the city’s largest leasing deals amid a prolonged downturn in the commercial market.

The US bank will occupy about 250,000 square feet (23,000 square meters) of space across six connected floors in Artist Square Towers, landlord Sun Hung Kai Properties Ltd. said in a statement on Friday.