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Gateway secures 18 tenants

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WHARF'S state-of-the-art 1.2-million-square-foot Gateway towers looks set to rival Times Square as tenants move to snap up space in the Tsim Sha Tsui development, according to Chris Reilly of Richard Ellis.

Gateway had already secured 18 tenants, he said, but was unwilling to say who they were.

However, it is understood that Texas Instruments and Sony Electronic Devices, one of Japan's largest corporations, have signed on the dotted line, each for 40,000 sq ft.

They could start to fit out their new premises as early as March.

Mr Reilly said Times Square was filled in eight to nine months and ''it looks as though the Gateway development could go equally as quickly. Certainly in a year's time''.

Mr Reilly is associate director of commercial property of Richard Ellis which is sole agent for Gateway.

He said there were many other well known companies who were committed to space or about to commit themselves.

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