Jane Street has struck one of Hong Kong’s largest prime office leases since before the Covid-19 pandemic, underlining how the New York-based trading firm has emerged as a challenger to Wall Street’s biggest banks.
Under the deal, which relates to a central business district complex still under development, Jane Street will pay an estimated rent of more than HK$30mn per month ($3.8mn) for a five-year lease of six floors starting in 2028.
Jane Street, which already has modest office space in Hong Kong, will take 223,437 sq ft at a rental price of approximately HK$137 per sq ft, according to a statement by Hong Kong-based developer Henderson Land Development on Friday, with an option to extend for four more years at the market rent.
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