CBRE to Provide Property Management and Tenancy Management Services for YKK Building in Tuen Mun and to Act as its Sole Leasing Agent

YKK Hong Kong Limited has appointed CBRE to provide property management and tenancy management services for YKK Building Phase I, II and III at 2 San Lik Street and 7 San Ping Circuit, Tuen Mun. CBRE will also act as the sole leasing agency for the en-bloc industrial property for three years from October 2023. The property has a gross floor area of approximately 1.66 million sq. ft. 

A prominent landmark in the Tuen Mun industrial area, YKK Building is a premier, large-scale industrial en-bloc with high specifications and a sizeable typical floor space of more than 30,000 sq. ft. Phase I is a six-storey purpose-built production facility, while Phase II and III are 22- and 23-storey industrial buildings. Just a few minutes’ walk from Tuen Mun MTR station and a 15-minute drive from Hong Kong Airport via the Tuen Mun-Chek Lap Kok Link Road, the property has easy access to major business hubs and other key infrastructure. The loading facility, large floor plate, ample power supply and excellent internal condition have already attracted a range of large scale MNCs ranging from Japanese and European logistics companies to branded electric cars and utilities centres. 

“At YKK, we believe in setting new industry standards in quality, creativity and production. We are delighted to partner with industry leader CBRE to help manage our assets and enhance our service quality to our tenants, in addition to upgrading our tenancy strategy,” said Naoya Tamura, Managing Director, YKK Hong Kong Limited.

“We are delighted to be entrusted with this appointment by YKK. With our track record in property management, particularly in the commercial sector, we look forward to taking the tenancy experience to the next level by helping to improve operational efficiency and delivering best-in-class property management services,” said Thomas Lam, Executive Director, Head of Property Management, Hong Kong.

“The appointment underscores our leadership position in the industrial leasing market. In light of the tight supply of industrial properties in the city, YKK Building Phase I, II and III makes an ideal choice for industrial and logistics companies in need of large floor space for its operations and easy access to China. Given Tuen Mun’s strategic location as a key logistics hub supporting air freight and e-commerce operations, and together with the Northern Metropolis Development, the location is increasingly appealing to industrial, tech and logistics companies,” said Samuel Lai, Executive Director, Head of Advisory & Transaction Services – Industrial & Logistics, CBRE Hong Kong.