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  • August 21, 2014
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  1. Central tops Asia-Pacific as most expensive shopping district

    Posted May 17th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Hong Kong has maintained its ranking as the city with the most expensive shopping district in the Asia-Pacific region, thanks to an influx of international luxury brands vying ... Causeway Bay, the city's traditional retail hub, was ranked as the most expensive shopping district in the region. Streetfront retail rents in Central reached US$775 (HK$6,045) per square foot ...

  2. Chinese Estates expects surge in rental income

    Posted Jan 06th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Chinese Estates expects annual rental income from the One in Tsim Sha Tsui and the Windsor House shopping arcade in Causeway Bay will increase 10 per cent this year as it benefits from a change of tenant mix and strong retail sales. The firm will hold exhibitions during the Lunar New Year season to attract shoppers. It expects visitors at the two ...

  3. Morgan Stanley to spur rental surge in Kowloon

    Posted Aug 09th 2007, 12:00am by Sandy Li

    ... Sandy Li Grade A office rents in Tsim Sha Tsui would benefit from Morgan Stanley's plan to move its Asia-Pacific headquarters to Kowloon next year, according to property consultants. Other financial firms were likely to follow Morgan Stanley's l ...

  4. Rental market reawakens

    Posted Apr 07th 2004, 12:00am by Vanapa Ongvises

    ... ago, confidence is being restored and many companies are taking up space at a faster pace. Central has led other districts in a revival in the office rental market in recent months, with demand ... demand from expatriates for luxury apartments had remained constant. Monthly rentals in the sector had crept up by a marginal 0.26 of a percentage point in the past three months to $21.36 per ...

  5. Rents drive retailers upstairs

    Posted May 25th 2011, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Rising street-front shop rentals in Hong Kong are forcing retailers to look for cheaper upstairs outlets- a trend that has allowed landlords to increase their rental income by converting former office buildings into 'Ginza-style' retail complexes. Among the high-profile victims of the trend is Agnes b. le Pain Grille the first restaurant ...

  6. Visitors reshaping the retail landscape

    Posted Mar 07th 2011, 12:00am by Sandy Li

    ... can no longer afford soaring rents. Replacing them are shops that sell jewellery and expensive watches targeted at big-spending visitors from the mainland. Typical of the change, ... lane. 'The change is being driven by the expensive taste of mainlanders. It is creating a unique shopping district and there is nothing else in the world like it,' said Maureen Fung ...

  7. Chinese Estates selling six retail shops in Causeway Bay

    Posted Aug 05th 2009, 12:00am by Yvonne Liu

    ... expensive shop is a 7,000 sqft unit, leased to a jeweller, which the agents estimated could be worth about HK$750 million. Buyers could enjoy an initial rental yield of more than 2 per cent. ...

  8. Business - China Business - MR. SHANGKONG

    Hotlines spring up for China VIPs to buy luxury goods amid anti-graft drive

    Posted Jul 22nd 2013, 12:00am by George Chen

    ... rooms within just a few hours. They can even avoid going to restaurants so as to avoid being reported for participating in expensive banquets. How can they do that? Well, in Shanghai, ...

  9. Landlords make a killing as the 'billboard jungle' takes root

    Posted Oct 05th 2009, 12:00am by Yvonne Liu

    ... income from advertising than the rental from their office or retail space,' Mak Siu-tong, chairman of Convey Advertising Company, said. An 11-storey building at the junction of Canton Road ... of Ying Kong Mansion, opposite the Sogo department store in Causeway Bay, is one of the biggest billboards in the city at 28 metres high and 75 metres wide. Convey says the rental ...

  10. Wheelock wins new lease for Ocean Terminal

    Posted Jun 06th 2012, 12:00am

    ... for the two companies. Harbour City, part of Ocean Terminal, is the city's most popular shopping destination for mainland tourists. Its rental income has grown significantly in the past few years ... of Harbour City, but the site is owned by the government, unlike the rest of Harbour City. Ocean Terminal's net rental income jumped 26.5 per cent to HK$587 million last year. Adrian Ngan, ...




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