hong kong retail leasing
Hong Kong is APAC’s second most preferred retail expansion destination
Hong Kong is APAC’s second most preferred retail expansion destination
It is tied with Singapore at second place, whilst Chinese cities took the top spot.
Hong Kong retail leasing activity still ‘stubbornly low’: Savills
Rents will remain largely flat this year.
Hong Kong retail street rents to drop by a further 10-15% in 2023
Rent adjustments are not expected to improve vacancy rates.
This new project injected 700,000sq ft of supply to Hong Kong’s prime retail sector in Q3
Its pre-commitment rate is reported to be around 55%.
Demand for F&B spaces expected to grow in Hong Kong post-pandemic
There were 60 new overseas F&B operators that entered Hong Kong since 2020.
Hong Kong ranks second in world's most expensive retail real estate this year
Five APAC cities made it to the global top 10 ranking this year.
These Hong Kong retail spaces are now being leased for up to 82% lower than their peak rents
Rents in Tsim Sha Tsui and Causeway Bay continue its downward trend.
Hong Kong retail landlords still offering deeper cuts in shop rents
A retail spot was recently granted to a tenant for 51.3% lower than the previous lease.
Hong Kong retailers still closing stores over lack of tourists
Find out which big brand names had to shut their doors permanently.
Hong Kong luxury retail street turns into a food street
Russell Street in Causeway Bay has transformed over the course of the pandemic.
Hong Kong prime street shop rents drop 5% in Q1
Rents in major shopping malls also declined 5.1%.
How Hong Kong’s latest law on rental enforcement moratorium affects the retail property sector
Landlords are likely to bear the brunt of having more vacant spaces yet again.
Hong Kong retail recovery dampened yet again by recent COVID outbreak
Restaurants with over 20,000 sq ft of space could be at risk
Hong Kong retail rents to grow by 5% in 2022
But only if no major outbreak pulls back leasing demand yet again.
Hong Kong retail space supply won’t rise until 2023
There are only three projects slated for completion this year.
F&B a silver lining for Hong Kong retail
Luxury brands are still wary of going to the high streets.
Why high vacancy rates will persist in Hong Kong's retail sector
Vacancy in Mong Kok increased 2.9ppt to 18.9%.
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