Christie’s, Sotheby’s announce opening dates for new Hong Kong spaces

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Sotheby’s announce opening dates: The new Hong Kong locations of prominent auction houses Sotheby’s and Christie’s have been unveiled.

The announcements from both Christie’s and Sotheby’s indicate that their respective new offices will be inaugurated at The Henderson in September and Landmark Chater in July, respectively.

The Henderson is a skyscraper in the Central neighborhood that was built by Henderson Land Development Co. and designed by Zaha Hadid Architects. Christie’s will occupy floors six to nine of the building as its anchor tenant. The building covers a total area of 50,000 square feet (4,645 square meters). There will be a three-month schedule of events following the opening, and sales will begin with the autumn auctions.

The architect of Christie’s headquarters, Betty Ng of Collective Studio, has complimented the building‘s “pillar-less” floor plate and windows that are resistant to ultraviolet radiation, which are ideal features for an auction house. Among The Henderson’s other tenants are the financial firm Carlyle Group Inc. and the watchmaker Audemars Piguet Holding SA.

The 24,000 square foot pavilion that Sotheby’s will debut in July is located at the Landmark Chater in Central. The cafe, street access, and spaces for exhibitions and auctions will be located on the second floor of the maison. Art and luxury goods will also be available for instant purchase. The architectural firm MVRDV of Rotterdam has been hired by the auction company.

These declarations come before Art Basel, which will reopen later this week and return to its pre-pandemic size, begins. Hong Kong is still the art hub of Asia, even though Chinese collectors are being cautious due to the economic downturn.

A confident Francis Belin, president of Christie’s Asia Pacific, said, “The market can have its ups and downs in the short term, but we have very strong commitment from our shareholders.” This was in reference to the market’s potential strength. We make do with what we have.

Some companies have upgraded their offices despite the fact that Hong Kong’s commercial property market is in an extended downturn. This is due to record-high vacancies and reduced rents. The Henderson and another Central tower, Cheung Kong Center II, being built by CK Asset Holdings Ltd., are both being eagerly watched by investors.

Ethan Sullivan

Ethan's penchant for the pulse of the fashion world extends to covering lifestyle topics, offering readers a seamless blend of the latest style updates and lifestyle trends.

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