other material
confidence high
sentiment neutral
materiality 0.35
LianBio subsidiary signs lease for Shanghai HQ; total base rent ~$4.9M through March 2025
LianBio
- Lease for 2,313.46 sq m office space at Corporate Avenue, Shanghai; initial term Nov 16, 2021 to Mar 31, 2025.
- Total base rent plus management fees ~$4.9M (excl. VAT) over initial term, payable monthly; plus additional fees.
- Lessee has one-time renewal right for three years at then-prevailing market terms.
- Premises will be used as LianBio's Shanghai corporate headquarters.