China CITIC Bank International has pre-leased six-and-a-half floors at Two Taikoo Place, spanning over 150,000 sq ft of lettable floor area. The media described the transaction as Hong Kong Island's biggest office lease since the onset of the pandemic. Reportedly, China CITIC Bank International's relocation from Devon House follows a trend of corporate occupiers upgrading their premises in Hong Kong’s office market to take advantage of the rental adjustment of Grade-A office space.

Don Taylor, Director, Office at Swire Properties, said preleasing for Two Taikoo Place is gaining momentum and the Company is in active discussions with several prospective tenants from various sectors.