Lévy Gorvy Dayan (LGD), a prestigious art gallery, is closing its physical location in Hong Kong after five years.
The decision comes as a result of changes in how people buy art, with more people choosing to purchase online.
LGD's head of Asian operations, Rebecca Wei, explained that there is a shift in client behavior towards virtual transactions.
While closing the space, LGD emphasizes its ongoing commitment to the Asian market and will continue to work with artists and clients in the region.