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HK Telecom to lease out 14 floors at Quarry Bay

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Hongkong Telecom soon will put another 14 floors - or about 224,000 square feet - of its 42-storey Telecom Tower in Quarry Bay on the leasing market.

An official in the company's property division said staff from its marketing, customer service and mobile telecoms operations would be moved to other Telecom offices on Hong Kong Island, Kowloon and the New Territories.

A number of agents said staff could be moved to the West Exchange or East Exchange buildings which have vacant space.

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The Telecom property official said a total of about 1,600 staff are expected to be relocated.

Agents said each floor in Telecom Tower had a gross area of between 15,000 sq ft and 16,000 sq ft.

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One agent said Hongkong Telecom could achieve rents 'in the high 30s' for its space in Telecom Tower.

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