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DBS Bank Acquires Six Floors for HK$2.62 Billion

4/15/2026

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Story summary
  • DBS Bank (Hong Kong) will pay HK$2.62 billion to acquire six floors in The Center, year's largest office deal.
  • The six floors are 26th, 32nd, 36th, 37th, 56th and 76th, totaling 151,934 sq ft.
  • The price is HK$17,238 per sq ft, below HK$33,000 per sq ft paid in 2018 for 48 floors.
  • DBS Bank (Hong Kong) occupies eight floors and says the deal reinforces its commitment to Hong Kong's vitality.