Commercial galleries Market China

More international galleries branch out to Hong Kong

Pace and Axel Vervoordt time openings with the Art Basel fair

Pace's inaugural show is oils on paper by Zhang Xiaogang. Above, The Prisoner of Book No.5, 2014. Photo: © Zhang Xiaogang, courtesy of the artist and Pace Hong Kong

Pace is opening what its director Sylvie Tiao calls an “office gallery” in Hong Kong, a relatively small (1,200 sq. ft) space, which will launch on 13 May, to coincide with the Art Basel fair in the city. The new space—Pace’s fourth international location after New York, Beijing and London—will be in the Entertainment Building in Central Hong Kong.

Tiao says that Pace has been thinking about moving into Hong Kong since the gallery opened an outpost in Beijing in 2008, partly because of “the activeness and openness of the market, and its apparent tax advantages” (there is no sales tax, VAT or capital gains tax in Hong Kong).

The inaugural show will be of oils on paper by Zhang Xiaogang, the popular Chinese artist that the gallery brought to the Art Basel Hong Kong fair last year (to 12 July).

The Belgium dealer Axel Vervoordt plans to open an overseas space on the same day in the Entertainment Building, with an exhibition of the Ghanaian artist El Anatsui (to 12 August). The neo-Gothic building is just around the corner from the Pedder Building (both were designed by the Palmer & Turner group of architects), which houses many of Hong Kong’s other international galleries.

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