Hong Kong’s richest woman, Pollyanna Chu, rents out a floor of The Center to her own company at premium to market rate

Pollyanna Chu Lee Yuet-wah, Hong Kong’s wealthiest woman, has leased a floor she owns in the city’s most expensive office tower to a publicly traded company she co-founded with her husband for a premium to the market price.

Level 72 of The Center on Queen’s Road Central, owned by Chu, was leased to Kingston Financial Group for HK$109 million (US$13.89 million) over three years, including a three-month rent-free period, according to a statement to the Hong Kong stock exchange.