Exchange Square (Hong Kong)

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Exchange Square
交易廣場

One and Two Exchange Square by day on 2 January 2006

Information
Location Flag of Hong Kong Hong Kong, China
Coordinates 22°17′2″N 114°9′30″E / 22.28389, 114.15833Coordinates: 22°17′2″N 114°9′30″E / 22.28389, 114.15833
Status Complete
Constructed  ? - 1988
Opening
Phases 1 & 2
1985
Phase 3
1988
Use Office
Roof 188 meters
Technical details
Floor count
Tower 1
52
Tower 2
51
Tower 3
33
Floor area Total:
130,680 m² (1,406,628 sq ft)
Elevator count
Towers 1 & 2
22 + 2
Tower 3
12
Cost Whole project:
US$256,410,257
Companies
Architect Palmer & Turner
Contractor Gammon Construction
Developer Hong Kong Land
Owner Hong Kong Land
References: [1]

The Exchange Square (Chinese: 交易廣場) is a building located in Central, Hong Kong. It houses offices and the Hong Kong Stock Exchange. It is served by the Central and Hong Kong stations of the MTR metro system.

Most part of the Exchange Square is owned by Hong Kong Land, with the remaining portions owned by the American Club of Hong Kong and the Government. The building has three blocks, namely, One Exchange Square, Two Exchange Square and Three Exchange Square, and a shopping block, namely, The Forum.

The property is the home of the Stock Exchange of Hong Kong since the 1980s. It also houses many international banking and law firms including Morgan Stanley, Credit Suisse, Freshfields Bruckhaus Deringer, Allen & Overy and Allens Arthur Robinson. It is also home to the consulates in Hong Kong of Argentina, Canada, Japan, and the American Club of Hong Kong.

Contents

[edit] Plot

Hong Kong Land tendered the Government for the plot for $4.76 billion in February 1982, when the market was at a record high. Prices subsequently dropped, necessitating its debt to be restructured. In February 1983, HKL obtained an eight-year loan of $4 billion, a record. In December 1983, it announced that the plot was to be mortgaged to secure a $2.5 billion loan facility.[2] The second instalment of $2 billion on the plot was due in the financial year 1984/85[3]

[edit] Phase three

Development cost HK$750m, 32 storey 322,000-square-foot (29,900 m²) office tower, 32,000-square-foot (3,000 m²) mall, substructure contractor Gammon Hongkong[4]

[edit] Gallery

[edit] See also

[edit] References

[edit] External links

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