"will not be renewing its lease at H Queen's when it expires after the current Alejandro Piñeiro Bello exhibition"
"Our gallery space at H Queen's is no longer serving us and since our lease is expiring, like many other galleries, we are taking the opportunity to exit,"
"We will be exploring alternative gallery spaces across the city and will take a new lease if we find an appropriate opportunity,"
"We are so proud of Pace's history as the first international gallery to establish a gallery in China, first in Beijing"
Pace will cease operating its H Queen's gallery space when its lease expires after the Alejandro Piñeiro Bello exhibition on 18 October. The gallery will continue to operate offices in both Hong Kong and Beijing. Pace opened in Hong Kong in 2014 at the Pedder Building and relocated to H Queen's in 2018. H Queen's initially attracted many international dealers but now has far fewer tenants, with several galleries leaving or closing their locations. Declining Mainland Chinese collector spending, political pressure from Beijing, and a global market downturn have weakened Hong Kong's viability for international galleries. Pace will explore alternative gallery spaces across the city.
Read at The Art Newspaper - International art news and events
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