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  1. Property - Hong Kong & China - RETAIL

    Retail rents cut as landlords fight to keep tenants

    Posted Sep 11th 2014, 06:01am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com After years of soaring rent levels, declining sales of luxury items force landlords to backtrack Retail rents cut as landlords fight to keep tenants Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales of luxury products, including fashion, watches and jewellery, continue to cool, according ...

    http://www.scmp.com/property/hong-kong-china/article/1589635/retail-rents-cut-landlords-fight-keep-tenants
  2. 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
  3. 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
  4. 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
  5. Business - Companies - RETAIL

    Denim retailers look to innovate

    Posted Sep 15th 2014, 09:29am by TIFFANY AP

    ... at the Queens Road Central store named Anna said, pointing to the American retailer’s new stretch and recovery denim and hybrid legging-jeans. It is hard to imagine retailers going to such lengths ... with the blue jean and denim-focused retailers are now scrambling to innovate their products. The trend is most evident in the US where jean sales fell 6 per cent over the past year (premium denim fared ...

    http://www.scmp.com/business/companies/article/1592945/denim-retailers-look-innovate
  6. Property - Hong Kong & China - RETAIL

    Global retail report says Hong Kong is most expensive place for shop rents

    Posted Sep 12th 2012, 12:00am by Peggy Sito

    ... expansion. Rents in Shanghai and Beijing, which are popular entry points for international retailers, climbed to US$368 per sq ft and US$404 per sq ft, respectively. James Hawkey, executive director ... Peggy Sito peggy.sito@scmp.com A global report says top rentals in prime areas have soared to over US$927 per sq ft per year HK confirmed as the most expensive for shop rents Hong Kong ...

    http://www.scmp.com/property/hong-kong-china/article/1034283/global-retail-report-says-hong-kong-most-expensive-place
  7. Business - Companies - RETAIL

    Giordano sees lower rents in store for Hong Kong

    Posted Aug 16th 2012, 12:00am by Celine Sun

    ... Casual wear chain Giordano International expects rents in Hong Kong to soften due to a slowdown in retailing, after the company reported a better-than-expected 1.7 per cent growth in interim net ... thanks to improved inventory levels following the stock clearance. He said rents in Hong Kong were still too high considering the slowdown of the local retail market in the first half. "We ...

    http://www.scmp.com/business/money/spending/article/1015651/giordano-sees-lower-rents-store-hong-kong
  8. Business - Economy - RETAIL

    Slower but sure growth ahead for retail property

    Posted Dec 29th 2012, 12:00am by Paggie Leung

    ... Paggie Leung paggie.leung@scmp.com Slower but sure growth ahead for retail property Growth in retail property rents and prices will slow next year, according to landlords and analysts, ... remained stable, the Link Reit expects its rental growth to continue steadily. According to property consultancy Colliers International, retail rents rose by about 14 per cent this year while ...

    http://www.scmp.com/business/economy/article/1114711/slower-sure-growth-ahead-retail-property
  9. Property - Hong Kong & China - RETAIL

    Royal Selangor Pewter not deterred by high Hong Kong rent levels

    Posted Oct 02nd 2013, 12:00am by Peggy Sito

    ... mettle for hot Hong Kong market Hong Kong's shop rents are high, but international retailers are willing to pay a premium to secure a foothold in the market, according to Chen Tien Yue, the executive director of Malaysian-based pewter manufacturer and retailer Royal Selangor International, which has set up shop in Central. "We know Hong Kong rents are not low," Chen said, ...

    http://www.scmp.com/property/hong-kong-china/article/1322258/royal-selangor-pewter-not-deterred-high-hong-kong-rent
  10. Property - Hong Kong & China - RETAIL

    Rents in Shanghai malls kept in check

    Posted Jul 24th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Completion of new shopping centres and an anti-graft campaign that is hitting sales will affect mid- and high-end retail centres Rents in Shanghai malls kept in check Increases in shop rents in mid- and high-end retail centres in Shanghai will be constrained by a large amount of emerging supply, as well as the mainland's anti-graft campaign ...

    http://www.scmp.com/property/hong-kong-china/article/1289253/rents-shanghai-malls-kept-check

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