HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong’s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city.
The London-headquartered lender signed a five-year lease, which starts May 18, 2026, for five levels – ground plus four floors of the building, according to Land Registry records. The deal was registered in late November.
The records did not show the size or rent for the leased space, but agents said the five floors would have a total area of 42,000 sq ft.
HSBC has the option to renew the lease for another five years, under the terms of the deal.
HSBC declined to comment on the planned use of the space.
Current tenant Chanel’s three-year lease expires on May 15 next year, according to the Land Registry. The French fashion house had leased a portion of the ground and first floors, including a part of the building’s facade.
