Colliers and Savills Appointed to Market 73,820 Sq Ft of Receiver-Held Commercial Space at Harbourfront Landmark in Hong Kong

Colliers and Savills have been appointed by the receiver as joint lead agents to market the sale of three commercial floors at Harbourfront Landmark, 11 Wan Hoi Street, Hung Hom, Hong Kong, the firms announced July 27, 2026. The space is being offered by invitation for offers, with a deadline for submissions set for 12:00 noon on Thursday, Sept. 3, 2026.

Property Overview

The offering comprises the entire 3rd, 5th, and 6th floors of Harbourfront Landmark, a residential development completed in December 2001. The three floors are designated for non-residential commercial use and together span approximately 73,820 sq ft of gross floor area. The 3rd floor measures approximately 18,520 sq ft, the 5th floor approximately 28,030 sq ft, and the 6th floor approximately 27,270 sq ft.

All three floors are fully renovated and currently leased to an international education institution under a long-term tenancy that includes a built-in rental escalation mechanism. The property is being offered for sale with existing tenancies in place, providing buyers with immediate income from the date of acquisition.

In addition to the commercial floor space, the purchaser will receive exclusive use of three car park spaces on the basement level, two lorry loading and unloading bays on the Lower 1/F, and four loading and unloading bays on the Upper 1/F for commercial operations. The building is located approximately a three-minute walk from Whampoa MTR Station.

Receiver Appointment and Marketing Strategy

Colliers and Savills have been appointed as joint lead agents by the receiver. No additional details about the receiver or the circumstances of the appointment were disclosed in the marketing materials.

Andrew Ng, Team Lead of Restructuring Property Services at Capital Markets & Investment Services at Colliers Hong Kong, said the tenancy profile positions the asset as a stable income play for prospective buyers. "The three commercial floors are fully leased to a well-known international education institution on a long-term tenancy with a built-in rental escalation mechanism," Ng said. "This offers prospective buyers stable and growing rental income. Coupled with the unbeatable Victoria Harbour views and convenient MTR location, the property is expected to attract both local and overseas investors seeking stable rental returns."

No asking price, guide price, or cap rate was disclosed in connection with the offering.

Asset Characteristics and Market Context

The three floors offer unobstructed panoramic views of Victoria Harbour and feature spacious floor plates with natural lighting. Colliers describes the space as suitable for office or educational use, a characterization that broadens the potential buyer pool. The development is surrounded by private residential estates, which the firm says supports demand from quality tenants and operators.

The offering represents a relatively uncommon structure in the Hong Kong market: a strata-floor commercial package within a predominantly residential development, fully occupied by a single long-term tenant with contractual rent growth. In a market environment where broader office leasing conditions remain uncertain and investors are selective about income security, assets with full occupancy and escalating rents tend to attract yield-driven capital rather than speculative buyers.

Education tenants are increasingly viewed by commercial real estate investors as providers of durable cash flow, given the typically longer lease terms and lower reletting risk compared with conventional short-term office occupiers. The escalation clause embedded in the current tenancy adds a contractual growth component to the income stream.

Colliers notes that contiguous sea-facing commercial floors of this scale are a rare offering in Hong Kong, where sizeable strata packages with waterfront exposure and functional floorplates are limited in supply. The firm characterizes commercial podiums within urban residential projects as carrying strong upside potential.

Offer Process

Offers must be submitted by 12:00 noon on Thursday, Sept. 3, 2026. Interested parties may contact Andrew Ng of Colliers Capital Markets & Investment Services at +852 9660 0937 for further information on the property.