| FOR IMMEDIATE RELEASE | 26 July 2005 |
Swire Properties today (Tuesday, 26 July 2005) announced that Tricor has committed to leasing four floors at Three Pacific Place, comprising a total floor area of some 65,000 sq ft, making Tricor one of the top three largest tenants in the building.
Tricor, a member of The Bank of East Asia Group, and a leading professional provider of integrated business, corporate and investor services in Asia, will consolidate its two offices currently located in Prince's Building, Central and BEA Harbour View Centre, Wanchai respectively to optimise its operational efficiency.
Swire Properties' Director and General Manager, Mr Jolyon Culbertson said, "We are delighted that Tricor has chosen to consolidate its offices at Three Pacific Place. As our mid-zone anchor tenant, Tricor reaffirms Three Pacific Place as the address for finance and professional services corporations."
"Three Pacific Place is a well-appointed modern Grade-A commercial development located at the hub of Hong Kong that incorporates the latest design features and state-of-the-art technology," expressed Tricor Group's Chief Executive and Managing Director, Mr Johnny Ng. "The efficient layout allows us to consolidate all our operations into just four floors and each of our core businesses will have its own floor at Three Pacific Place."
Prior to Tricor's commitment, Philips Electronics and Société Générale chose Three Pacific Place as their new office location in Hong Kong. They take up 75,000 sq ft and 76,000 sq ft floor area in the lower and upper zone respectively.
With its emphasis on building excellence, Swire Offices has created major business hubs in Hong Kong, offering business corporations the best facilities, connectivity, environment and services in which to operate.
About Swire Properties
Swire Properties, a wholly-owned subsidiary of Swire Pacific Limited, was incorporated in 1972 and is one of Hong Kong's leading developers with extensive experience in the development and management of major commercial, retail and residential properties. The company's strategy has been to 'hub' its investment property holdings around major shopping centres and office towers constructed at the principal Mass Transit Railway intersections.
Swire Properties' investment portfolio in Hong Kong principally comprises office and retail premises, which it manages in prime locations, as well as serviced apartments and other luxury residential accommodation. The completed portfolio totals just over 12 million sq ft of gross floor area. Current investment property pending or under development in Hong Kong comprises a further 2.58 million sq ft, mainly of office space. Visit Swire Properties web site at www.swireproperties.com
About Tricor
Tricor Services Limited ("Tricor"), a member of The Bank of East Asia Group, is a leading professional provider of integrated business, corporate and investor services in Hong Kong, Greater China and South East Asia. As a business enabler, Tricor provides outsourced expertise in business support functions that allows clients to concentrate resources on what they do best - building business.
Tricor is a world class expert in corporate structuring and advisory functions. Its professional specialists provide value-added expertise in a range of business areas including Accounting, Company Formation, Corporate Governance & Company Secretarial, Executive Search & Selection, Initial Public Offerings & Share Registration, Payroll, Fund and Trust Administration.
Tricor has built its reputation and professional expertise through the acquisition and integration of the corporate services practices of three of the "Big 4" international accounting firms: Deloitte Touche Tohmatsu in Hong Kong, Ernst & Young in Hong Kong and BVI, and PricewaterhouseCoopers in Hong Kong and Singapore. The partners, directors and professional teams of these practices have transferred to Tricor. Our specialists continue to work closely with those accounting firms, and our global network of business associates, in the best interests of our clients.
Tricor's client portfolio includes about 60 per cent of companies listed on the Stock Exchange of Hong Kong, more than 80 listed companies in Singapore, over 30 per cent of Fortune 500 companies, the majority of multinationals operating in Asia and a significant market share of private enterprises working in Hong Kong, Greater China and Singapore.
Tricor's mission is to be The Business Enabler of choice.
Visit www.tricor.com.hk for more information.
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