Moving house will save millions in rent
InvestHK will swap its plush offices at One Pacific Place, where director general Simon Galpin enjoys harbour views, for the Independent Commission Against Corruption's former offices at Fairmont House in Admiralty.
The move, which will be completed by May 25, will save taxpayers millions in rent as the government owns the floors the ICAC used to occupy at Fairmont House. The ICAC operated out of the building behind the Bank of America Tower for more than three decades.
Mr Galpin's new workplace on the 25th floor will offer views of Hong Kong Park while other offices will overlook the Tamar site. However, the Tamar views will disappear once the new government headquarters are erected on the site.
Recently, the 18th floor of Fairmont House, with an area of 8,824 sq ft, was sold for HK$78.2 million, or an average of HK$8,862 per sq ft.
InvestHK, the city's international face for investment promotion, was established in July 2000.
