Proposal For Office Space Template for Hong Kong

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Key Requirements PROMPT example:

Proposal For Office Space

"I need a Proposal for Office Space for a Grade A commercial building in Central, Hong Kong, suitable for a financial services firm requiring 5,000 square feet with a proposed lease commencement in March 2025 and specific requirements for trading floor infrastructure."

Document background
The Proposal For Office Space is a critical document in Hong Kong's commercial real estate sector, typically used when property owners or their representatives present formal office space offerings to potential tenants. This document is essential in the pre-lease negotiation phase, providing comprehensive details about available commercial space, including specifications, commercial terms, and technical requirements. It follows Hong Kong's property market practices and regulatory requirements, serving as a foundation for subsequent lease negotiations. The proposal is particularly relevant in Hong Kong's dynamic business environment, where office space decisions must consider factors such as location prestige, accessibility, and compliance with local building codes and regulations. It's commonly used for new lettings, relocations, or expansion scenarios, helping businesses make informed decisions about their commercial space commitments.
Suggested Sections

1. Parties: Identification of the landlord/property owner and the prospective tenant

2. Background: Brief context about the prospective tenant's requirements and the property being proposed

3. Property Details: Specific details of the office space including address, floor, size, and basic specifications

4. Commercial Terms: Proposed rental rate, payment terms, lease duration, and security deposit requirements

5. Available Facilities: Description of building amenities, shared facilities, and included services

6. Proposed Handover Condition: Details of the condition in which the space will be delivered, including any fit-out provisions

7. Key Dates: Proposed timeline for lease commencement, handover, and rent commencement

8. Building Rules and Regulations: Overview of key building management policies and restrictions

9. Contact Information: Details of key contact persons for further discussion and negotiation

Optional Sections

1. Fit-out Allowance: Details of any provisions for tenant improvements or renovations, included when the landlord is offering fit-out contributions

2. Rent-free Period: Information about any rent-free or reduced rent periods, included when such incentives are being offered

3. Option to Renew: Terms for lease renewal, included when offering future extension rights

4. Early Termination Rights: Conditions under which early termination would be permitted, included for longer lease terms

5. Expansion Rights: Details of rights to lease additional space, included when adjacent spaces might become available

6. Green Building Features: Information about environmental certifications and sustainable features, included for green buildings

7. COVID-19 Measures: Special provisions related to pandemic safety measures, included when relevant

Suggested Schedules

1. Floor Plan: Detailed layout plan of the proposed office space

2. Photos and Renderings: Visual representations of the space and building

3. Building Specifications: Technical details of building systems, loading, and facilities

4. Service Charges Schedule: Breakdown of management fees and other recurring charges

5. Building Operating Hours: Schedule of normal operating hours and HVAC provision

6. Car Parking Allocation: Details of available parking spaces and terms

7. Schedule of Condition: Detailed description of the current state of the premises

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Commercial Property Management

Professional Services

Financial Services

Technology

Retail

Healthcare

Manufacturing

Education

Legal Services

Construction and Development

Consulting

Relevant Teams

Real Estate

Facilities Management

Operations

Finance

Legal

Administration

Business Development

Corporate Services

Procurement

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Facilities Manager

Real Estate Director

Property Manager

Office Manager

Operations Manager

Commercial Leasing Manager

Corporate Real Estate Manager

Business Development Director

Legal Counsel

Finance Director

Administration Manager

Project Manager

Workspace Planning Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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