Investment Rationale
With large scale private and government infrastructure projects transforming Kowloon East into Hong Kong’s CBD 2 we noticed in 2012 that San Po Kong had been largely overlooked as an investment target. In that period we purchased strata-title industrial space and converted them to loft-style office space branding them under The Loft Division. We beat market rental comps by some 50% and exited this portfolio in 2015.
What
Industrial repositioning
Location
San Po Kong
Size
14,500 sqft
Completion
2013
Share
About
The Loft Division was created not only for the purposes of asset managing commercial properties but also to optimize the rental yields of spaces managed by The Loft Division. These lofts are perfect for those companies who are looking to stand out from the crowd and who understand the true value of being creative. Being a tenant of one of our lofts allows you to immediately be part of a likeminded community whatever your company’s trade or background.