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  1. HK has second most expensive retail rents

    Posted Nov 21st 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Retail rents in Hong Kong have overtaken those of Moscow, making the city the second most expensive in the world for shopowners, according to the latest global retail rents ... the world at the end of the third quarter. According to the study, retail rents in Hong Kong rose 11.1 per cent, the 10th fastest in the survey, for the six months to September. New York's 5th ...

  2. Abundant supply drags down retail rents in major cities

    Posted Aug 05th 2009, 12:00am by Peggy Sito

    ... Peggy Sito Retail rents in major mainland cities fell in the second quarter owing to an abundant supply of retail space, and property consultancy Knight Frank expects the market ... supply will double the retail area in Tianhe in two years, which will likely impose downward pressure on rents,' it said. In Beijing, new supply would total 1.1 million sq metres of retail ...

  3. Retail rents poised for rebound

    Posted Jan 10th 2007, 12:00am by Yvonne Liu

    ... said retail sales entered a consolidation phase last year, pushing shop rents down 3 per cent over the year. However, Simon Lo, a director of research and consultancy, said strong local ... and rising stock prices will see the retail sector perform highly favourably this year.' Jeannette Chan, a regional director of retail department at Jones Lang LaSalle, said retail rents ...

  4. Foreign retailers buying, not renting

    Posted Oct 27th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Stiff competition for prime locations and soaring rents mean big foreign retailers are shifting from leasing to buying land to develop their stores ... 'big box' refers to physically large retail outlets that are often part of a chain. Nip said big-box retailers faced great pressure to pay sharply higher rents when their leases- which ...

  5. HK has third-most expensive shop rents

    Posted Jun 10th 2010, 12:00am by Peggy Sito

    ... was the most expensive luxury street front in the Asia-Pacific, according to a report by property consultancy Colliers International. The survey of rents in 127 premier retail streets around the world ... shops in Russell Street increased 1.3 per cent from last year. Retail rents in the Champs Elysees in Paris jumped one rank to become the most expensive worldwide, with a 2.04 per cent increase ...

  6. The feet have it for top retail year, and rising rents

    Posted Jan 22nd 2008, 12:00am by Dennis Eng

    ... Dennis Eng Retail rents are likely to rise this year as foot traffic at the city's major shopping centres indicates that shoppers are still out in force despite fears of a recession ... and there will be no decrease in rents,' said Yannick Kennel, the general manager of FootFall at Experian Asia Pacific. Based in Ireland, Experian specialises in tracking retail traffic to help marketers make key ...

  7. Flat growth in retail rents points to slowdown in shopping mall sector

    Posted Jul 12th 2006, 12:00am by Yvonne Liu

    ... malls in non-core area has been flat for the past six months. 'However, retail rents at malls in traditional shopping areas have increased by 3.7 per cent, due to the tight supply of retail ... it was two years ago. 'They won't be offering aggressive rents to secure retail spaces in malls this year.' Some retailers have even opted to take up cheaper retail space at malls ...

  8. Retailers in China face space and rent crunch

    Posted Jan 22nd 2007, 12:00am by Andy Chen

    ... space is increasingly rare and rents are escalating. Foreign investment funds have aggressively corralled space, betting on windfall returns from retail and office leases. Even in some second-tier cities, Hangzhou, for instance, finding space to open a shop is difficult. The franchising trend is further adding to demand. Some tenants say retail rents are rising at a 30 per cent ...

  9. Sky-high rents send retailers packing

    Posted Jul 27th 2005, 12:00am by Sandy Li

    ... Sandy Li Rents for street-level shops in Causeway Bay- among the most expensive in Hong Kong- will taper off in the fourth quarter as major retail chains have stopped signing leases ... stores at locations with cheaper rates instead,' he said. Average retail rents in the area close to Sogo department store were $400 per sqft, while rates along Lee Garden Road were $150 per ...

  10. Design, high rents dampen trade at Stanley wet market

    Posted Feb 25th 2007, 12:00am by Raymond Ma

    ... asking the government to waive their rent at least until the renovation has been completed. The centre was built to replace Stanley's only wet market on the same site, but some tenants are beginning to question the government's wisdom of reserving expensive waterfront retail space for shops selling fresh produce. The centre's landlord, the Food and Environmental Hygiene ...




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