---
title: "Giordano Signs Long-Term Connected Lease for New Hong Kong Offices"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278392959.md"
description: "Giordano International has announced a long-term lease for new office premises in Cheung Sha Wan, Kowloon, covering approximately 21,441 square feet from March 9, 2026, to February 29, 2032. The deal, involving a tenancy deposit of HK$2.0 million, is classified as a connected transaction due to the landlord's association with a substantial shareholder. This arrangement is routine under Hong Kong listing rules, enhancing transparency for investors. The latest analyst rating for Giordano's stock (HK:0709) is a Hold with a price target of HK$1.50."
datetime: "2026-03-09T12:40:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278392959.md)
  - [en](https://longbridge.com/en/news/278392959.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278392959.md)
---

# Giordano Signs Long-Term Connected Lease for New Hong Kong Offices

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Giordano International ( (HK:0709) ) has shared an announcement.

Giordano Limited has entered into new rental agreements for office premises in Cheung Sha Wan, Kowloon, leasing approximately 21,441 square feet across designated floors in Tower B at 83 King Lam Street from March 9, 2026 to February 29, 2032. The space will be used solely as offices, with a tenancy deposit of about HK$2.0 million and a fitting-out deposit of HK$40,000, securing a long-term headquarters-style arrangement.

Because the landlord is an associate of a substantial shareholder, the transaction is classified as a connected transaction under Hong Kong listing rules, with all applicable percentage ratios above 0.1% but below 5%. As a result, the deal is subject to reporting and announcement obligations but is exempt from circular and independent shareholders’ approval requirements, signalling a relatively routine related-party office lease that still enhances transparency for investors.

The most recent analyst rating on (HK:0709) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Giordano International stock, see the HK:0709 Stock Forecast page.

**More about Giordano International**

Giordano International, through its indirect wholly-owned subsidiary Giordano Limited, operates in the retail and apparel sector and maintains office operations in Hong Kong. The company is listed on the Hong Kong Stock Exchange and counts Chow Tai Fook Enterprises–related interests among its substantial shareholders, which can create recurring connected transactions for property and office leasing.

**YTD Price Performance:** 4.90%

**Average Trading Volume:** 923,629

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$2.42B

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