Major auction houses Christie’s and Sotheby’s are set to expand their presence in Hong Kong with the opening of new spaces. Christie’s is scheduled to open its new headquarters at The Henderson in September, occupying floors six to nine in the Central district for a total of 50,000 square feet. Sotheby’s will open its maison at Landmark Chater in July. The move by Christie’s to open a new 50,000-sq-ft Asia headquarters is aimed at boosting sales in 2024, amidst growing interest from Asian Gen Z. This development comes despite concerns over China’s economic situation, with the art market in Hong Kong showing signs of resilience and growth, as noted by Art Basel Hong Kong director Angelle Siyang-Le.
“Despite reports of China’s economic woes, the art market in Hong Kong appears resilient and even thriving," Art Basel Hong Kong director Angelle Siyang-Le told ARTnews. https://t.co/D731XVIBQo
Christie's to open new Hong Kong HQ, sees growing Asian Gen Z interest https://t.co/n7aiRvNvLc https://t.co/hl99BcNFJO
⚠️ CHRISTIE'S TO OPEN NEW HONG KONG HQ, SEES GROWING ASIAN GEN Z INTEREST Full Story → https://t.co/RPY5jR1yX5 Auction house Christie's hopes its new 50,000-sq-ft Asia headquarters that opens in Hong Kong in September will boost sales in 2024 amid increased interest across… https://t.co/t7L8T0dLeX
Christie’s will open its new HQ at The Henderson in Sep, while Sotheby’s will open its maison at Landmark Chater in July. As anchor tenant, Christie’s will take up floor six to floor nine of The Henderson — a skyscraper in the Central district — for a total of 50,000 sq ft.… https://t.co/GdwBfDz9ba
Major auction houses Christie’s and Sotheby’s have announced opening dates for their new spaces in Hong Kong https://t.co/HKzvae9tI0