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  1. Retail rents in 16 markets shows sluggish growth

    Posted May 24th 2012, 12:00am

    ... Yvonne Liu yvonne.liu@scmp.com Retail rents in 16 major cities in the Asia-Pacific region grew sluggishly in the first quarter as a weakening global economy dampened consumer confidence. ... expansion amid the uncertain economic outlook. Retail rents in Hong Kong grew 1.9 per cent, but the rate of growth continued to slow. In the fourth quarter of last year, rents rose 3.3 per cent. ...

  2. Big names take HK rents to new high

    Posted Jun 02nd 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Retail rents in Hong Kong jumped 46 per cent quarter on quarter, making it the second-most expensive location in the world as major brands vied for limited ... retail rents still ranked below New York's US$1,900 per square foot per year on the list of the 20 most expensive retail rental markets in the world in the first quarter. Still, property ...

  3. Hold those rents

    Posted Sep 07th 2003, 12:00am by Staff Reporter

    ... It worries me to hear that shop owners in Hong Kong - I am talking about the big property developers and owners - are intending to raise the rent of their commerical property in the light of improving retail business. We have also heard of complaints about a sudden rise in hotel room prices. It seems Hong Kong has returned to normal. The dollar signs in our eyes are again clouding ...

  4. Caution keeps retail and office prices lower

    Posted Dec 07th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Hong Kong office and retail rents will ease in the first half of next year, as employers and some local retailers become wary of expansion against the backdrop ... here,' the report said. However, rental growth was expected to slow in 2012. 'In general, we expect retail will continue to outperform other property sectors in 2012, with rents holding ...

  5. Restaurant closures threaten HK retailers

    Posted Apr 13th 2011, 12:00am

    ... forecast Hong Kong retail rents would rise by 26 per cent in 2011. Now Simon Lo Wing-fai, Colliers' director of research and advisory, said he expected rents would rise by 19 per cent in total ... rents that we witnessed over the last few years may come to an end.' Helen Mak Hoi-lun, director of retail services at the firm, said while the full impact of the disaster in Japan had ...

  6. HK home to the world's highest office rents

    Posted Feb 01st 2011, 12:00am by Paggie Leung, Sandy Li

    ... tracking rents on a monthly basis in 2006. Fitch Ratings forecasts office rentals will return to or even slightly exceed the peak of 2008 while rents of retail properties will reach new highs ... multinationals to look into other options in Asia, according to property consultancy Cushman & Wakefield. The rent for prime office space in Central, excluding tax and service charges, was HK$139.50 ...

  7. Rents in the office sector set to soar

    Posted Sep 08th 2004, 12:00am by Peggy Sito

    ... occupiers. According to Knight Frank, rents in Central have been growing at the fastest pace so far this year, with the average now at $30.85 per square foot per month, rising 6 per cent from July. JP Morgan analyst Douglas Sung said: 'Over time, retail rental growth will be more sustainable.' JP Morgan said the retail property sector was best placed for the economic recovery ...

  8. Retailers bypass HK over cost

    Posted Nov 04th 2009, 12:00am by Yvonne Liu

    ... supply of retail space in the mainland's major cities, many landlords of new complexes were also offering unprecedented subsidies, such as fitting-out allowances or extended rent ... that at the mass market level the gap between the mainland and Hong Kong in rental costs for prime retail space was narrowing and rents in shopping centres catering to the mass market in Hong Kong were now ...

  9. Downward pressure on rents to worsen

    Posted Mar 16th 2012, 12:00am

    ... Kenneth Ko Deepening economic woes in Europe are taking a toll on Hong Kong's office sector, with prime rents in core business districts edging down at a time when multinational ... with news of lay-offs spreading in some retail banks and investment banks. According to property consultants, a growing number of banks have decided to return office space through surrender or upon ...

  10. Retail sales in July jump 14.2 per cent

    Posted Sep 04th 2007, 12:00am by Dennis Eng

    ... Dennis Eng Retail sales in July totalled HK$21.3 billion in Hong Kong, up 14.2 per cent from a year ago, the government said. The Hong Kong Retail Management Association said the result was in line with its own estimates. July's increase is slightly below that of June, when retail sales rose 14.3 per cent to HK$19.9 billion. Retail sales in the first seven months of this year ...




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