Strategically located in the Island East office district,Prosperity Millennia Plaza stands adjacent to the Harbour Plaza North Point Hotel and the North Point Government Office. Served by a convenient transportation network, the building is a mere two minutes away from the Quarry Bay MTR Station by foot and two minutes from the Eastern Harbour Crossing Tunnel by car.
Along with a large-scale urban redevelopment programme undertaken by the government, the entire Island East district is being transformed fr om a decentralized commercial area into an upscale business district, featuring a blend of premium office properties and sophisticated r etail outlets. Ther e is an incr easing number of international tenants who are now moving into this district from Central and other traditional prime office areas. Accordingly, the area has seen its tenant base expanding with a high-end tenant profile.
As part of its enhancement programme for Prosperity Millennia Plaza, the REIT Manager has upgraded all of the building’s washroom facilities in 2008. Morever, the marble flooring on the ground level lobby and lift lobby areas were also upgraded. All these efforts were calculated to leverage on the positive changes in the district’s surroundings in order to further enhance Prosperity Millennia Plaza’s tenant base and maintain a stable source of rental income.
As at 31 December 2008, 57.2% of the leased area was occupied by anchor tenants, each taking up units of over 5,000 sq.ft.
