02/04/2026
The current commercial real estate market is undergoing profound adjustments and polarization: on one hand, ordinary assets are trading volume for lower prices; on the other hand, core assets in core cities are bucking the trend and becoming “safe havens” for capital. For example, Alibaba and Ant Group purchased the 13th floor of One Hong Kong Island Centre in Causeway Bay for HK$7.2 billion, becoming the largest office building transaction in Hong Kong since 2021. Similarly, EIC saw another near-HK$100 million transaction!
Following the sale of The Skyhouse’s second-to-last penthouse to a mysterious financial industrialist for HK$120 million, a major deal has also emerged in the EIC Grade A office building in the heart of Hangzhou’s Olympic Sports Center. The entire 30th floor of T3, with an area of approximately 3,000 square meters, was acquired by a mysterious company focusing on finance, bulk transactions, and technology. The transaction price is nearly HK$100 million, and all online contracts will be completed this month, breaking the record for the highest single online contract for office buildings since the beginning of 2026.
From super-sized apartments to Grade A office buildings, EIC’s continuous billion-dollar deals prove that it is not only a ballast for the wealth of celebrities and the rich and a top-tier lifestyle, but also the strategic city of choice for well-known enterprises and giants to lay out their future plans.
