FWD Expands Headquarters in Biggest 2025 Hong Kong Office Lease

Richard Li’s FWD Group Holdings Ltd. signed a decade-long deal with Swire Properties Ltd. to expand its headquarters in Hong Kong in the city’s biggest office lease transaction this year, the companies said.

The insurer is consolidating its space in the city by taking up 330,000 square feet (30,658 square meters) across 12 floors at Taikoo Place, becoming the largest tenant of the flagship office complex developed by Swire, according to a joint statement Wednesday. Devon House, one of the towers at Taikoo Place, will be renamed FWD Tower next year.

The move “reflects our long-term commitment to the ...