Sotheby’s announced the opening of its maison in Hong Kong, a spectacular new 24,000 sq ft space in the heart of the city which has been home to the company in Asia for half a century. Located at Landmark Chater – Hong Kong’s crown jewel in the core of the city’s luxury district – the new maison, which is at street level and accessible to the public year-round, will open in 2024.
The multi-functional house will encompass an expansive state-of-the-art exhibition space and showcase Sotheby’s full suite of offerings – from the company’s signature auctions, private sales and masterworks exhibitions, to art and luxury collectibles available for instant purchase via the recently introduced Sotheby’s Buy Now platform.
Nathan Drahi, Managing Director Asia, Sotheby’s, said, “We are thrilled to be lodging Sotheby’s in its dazzling new maison in Hong Kong. Echoing the all-encompassing way of life that is testament to our near three-century-old company heritage, Sotheby’s new space will embody our vision for a widely accessible, immersive and truly integrated destination for the world’s most extraordinary objects and experiences.”
Sotheby’s said the move underscores its full commitment to both Asia and Hong Kong, and comes concurrently to the opening next year of its new premises in Shanghai, following a successful year for Sotheby’s in Asia with auction sales of $1.1 billion – matching the company’s 2021 all-time- high record. During 2022, Sotheby’s also opened a new office in Tokyo, staged its first auction in Singapore for 15 years and held the first major international exhibition in Vietnam. The year also welcomed new appointments in Mainland China, South Korea and Thailand.