Hongkong Land announces Ares’ expansion in Gloucester Tower office

The investment manager will add 12,500 sq. ft. to its existing space in the Central district building.  

Hongkong Land announced that Ares Management (Ares) will expand and double its office at Gloucester Tower, Hongkong Land’s Central portfolio.

Ares, a global alternative investment manager, will add approximately 12,500 sq. ft. to its existing space in the same building where it has been a tenant since 2017. Its new lease is effective in March 2026.

Banks and other financial services tenants represented 42% of all office tenants in the Hongkong Land Central portfolio as of June 2025, remaining the biggest tenant category for the property investment and management group, it said in a release.

Completed in 1980, Gloucester Tower is a 48-storey grade A building featuring premium office spaces and a pedestrian bridge network to other major buildings and LANDMARK ATRIUM, it added.