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  • August 23, 2014
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Results 1 - 10 of 3449 for retail rents

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  1. Lifestyle

    Local businesses pushed out by luxury retailers catering to the mainland

    Posted Jun 10th 2013, 12:00am

    ... is from Shanghai. We had rented the site since 1980. The monthly rent rose from HK$750 to HK$10,000. When our lease came up for renewal, the landlord asked for HK$40,000. He didn't even bother to negotiate because he knew there was no way we could afford it." Yem tried to find other premises but eventually gave up. "The rents are expensive everywhere. If we went ...

    http://www.scmp.com/lifestyle/article/1255737/local-businesses-pushed-out-luxury-retailers-catering-mainland
  2. Property - Hong Kong & China

    Canton Road defies the retail property market with rising store rents

    Posted Sep 25th 2013, 12:00am by Peggy Sito

    ... are paying higher rents than the previous ones," said Sheraton chairman Sunny Yam Wing-yin. "The most expensive one is the shop rented by jewellery and watch retailer Chow Tai Fook," ... Watch and Jewellery replaced Esprit. Apple will take over the space to be vacated by fashion retailer Chocoolate and cosmetic shop Clarins. Average rents in Canton Road rose 25 per cent ...

    http://www.scmp.com/property/hong-kong-china/article/1316946/canton-road-defies-retail-property-market-rising-store
  3. Property - Hong Kong & China - RETAILING

    Good times ending for Hong Kong's retail landlords as rents fall

    Posted Aug 14th 2013, 12:00am by RACHEL BUTT

    ... Rachel Butt property.post@scmp.com Rents are dropping for city's prime retail properties as big-spending mainland tourists look beyond Asia for their shopping sprees Good times ending ... said retail property prices were likely to decline, given waning demand for space and slowing rental growth. "Rents are holding firm because price corrections in the value of retail ...

    http://www.scmp.com/property/hong-kong-china/article/1296421/good-times-ending-hong-kongs-retail-landlords-rents-fall
  4. Property - Hong Kong & China - RETAIL

    Mainland Chinese's declining spending hits rents for Hong Kong's street-level shops

    Posted May 29th 2013, 12:00am by Sandy Li

    ... hits shop rents Rents for street-front shops in prime locations are plunging as tenants and landlords adjust to a fall in mainland visitors that has triggered a slowdown in the growth of retail ... negotiated at big discounts to the jaw-dropping rent rises originally sought by landlords. Jewellery retailer Chow Tai Fook recently leased a 4,500 sq ft street-level shop in Yee Wo Street, Causeway ...

    http://www.scmp.com/property/hong-kong-china/article/1248300/mainland-chineses-declining-spending-hits-rents-hong-kongs
  5. Business - Economy - RETAIL

    Jewellers say no to high rents forprime shop sites

    Posted May 31st 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Jewellers say no to high rents forprime shop sites Retailers selling luxury watches and jewellery are rejecting the idea of paying big premiums for prime ... Wo Street, Causeway Bay, for HK$2 million a month, 40 per cent below the landlord's original asking price of HK$3.3 million. Lin said he expected the growth in retail rents would be just ...

    http://www.scmp.com/business/economy/article/1249969/jewellers-say-no-high-rents-forprime-shop-sites
  6. Property - Hong Kong & China - RETAIL

    Hong Kong retail rent growth seen at 5pc this year, says consultancy

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Store rents forecast to rise 5pc this year Retail rents in Hong Kong are expected to grow at a more moderate pace of about five per cent this year, says Jones Lang LaSalle. In its new report, the firm says the limited availability of retail space and consequently high rents in prime shopping districts continue to challenge cost-sensitive ...

    http://www.scmp.com/property/hong-kong-china/article/1226923/hong-kong-retail-rent-growth-seen-5pc-year-says-consultancy
  7. News - Hong Kong

    Hong Kong leaves New York in the shade for prime retail rents

    Posted Feb 08th 2013, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Prime sites 46pc more expensive than in Big Apple and four times higher than London HK leaves New York in shade for retail rents Bad news for small shopkeepers- Hong Kong still has the most expensive prime retail rents in the world, according to property consultancy CBRE. At US$4,335 per square foot a year in the fourth quarter last year, ...

    http://www.scmp.com/news/hong-kong/article/1145635/hong-kong-leaves-new-york-shade-prime-retail-rents
  8. Property - Hong Kong & China - MAINLAND RETAILING

    Shop rents driven by cashed-up youth

    Posted Jun 19th 2013, 12:00am by Peggy Sito

    ... Peggy Sito Peggy.sito@scmp.com Spending power of fashion-conscious young shoppers draws Hong Kong developers and international retailers to second-tier cities Shop rents driven by cashed-up youth Shop rents in most mainland cities are expected to increase steadily as retail sales continue to grow on the back of a vast market of young, fashion-conscious shoppers who ...

    http://www.scmp.com/property/hong-kong-china/article/1263703/shop-rents-driven-cashed-youth
  9. Property - Hong Kong & China - COMMERCE

    Soaring rents in prime locations push out local shops and restaurants

    Posted Feb 20th 2013, 12:00am by JUN CONCEPCION

    ... in the footsteps of some of her retailing friends. "I'll go online to save on crazy rents. I don't see any end to the rent increases in the coming months and years," she said. Another ... for the ground-level shop. "Small street-level retailers and even restaurant operators simply don't have any choice but to move out of prime locations and transfer to non-prime areas where rents ...

    http://www.scmp.com/property/hong-kong-china/article/1154023/soaring-rents-prime-locations-push-out-local-shops-and
  10. Property - Hong Kong & China - RETAILING

    Retailers keen on fringe areas such as Gough Street and Hollywood Road

    Posted Sep 25th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Slowdown in trade and rocketing rents in prime districts are causing top brands to move out to areas such as Gough Street and Hollywood Road Retail shift ... in rents in prime shopping areas such as Russell Street in Causeway Bay. Meanwhile, in secondary shopping areas such as Percival Street in Causeway Bay, shops are being left vacant as retailers ...

    http://www.scmp.com/property/hong-kong-china/article/1316947/retailers-keen-fringe-areas-such-gough-street-and-hollywood

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