OVEST is a 25-storey commercial building constructed in 1995 with a total gross floor area of 47,819 square feet.
The property is located on Wing Lok Street in the heart of Sheung Wan. It is situated directly opposite an entrance to Sheung Wan MTR Station, which is one stop from Central ‘CBD’.
Schroder Pamfleet’s strategy was to reposition the building from Grand ‘C’ to Grade ‘B’ standard by physical refurbishment work and rebranding as a boutique managed office building.
The managed office concept provides tenants with flexible leasing packages with readily available infrastructure such as reception services, IT support, office furniture, internet connectivity, and meeting and conference facilities.
Rental rates were increased by 156%.
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