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  • November 23, 2014
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  1. Emperor sees stable gains in retail rents

    Posted Jun 21st 2012, 12:00am

    ... that there was only a 5 per cent difference in rents between the two places last year. Monthly retail rentals on Russell Street, where Emperor has 63,400 square feet of retail space, tripled in three years ... to HK$465.47 million. It proposed a final dividend of 6 HK cents, giving a total dividend of 10.3 HK cents for the year. 32% The rise in retail rents in prime locations in Hong Kong last year, ...

  2. Shanghai project lifts Henry's stock 18pc

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

    ... the removal of existing structures. It is due to be completed in the first quarter of 2012. 'It is too early to predict the retail rents of the project,' Mr Ng said. 'But the average retail rent in the area is about 50 yuan per square metre. The project could bring high rental yields even if retail rents stay at this level.' However, Mr Ng said he expected retail rents ...

  3. Fresh food sales fall as spending gap gets bigger

    Posted Aug 02nd 2011, 12:00am

    ... spending power is driving up rents to an unrealistic level, while local consumers have to cut down on food and daily items because of rising inflation.' Overall retail sales jumped 28.8 per ... the consumption pattern was unhealthy. 'Retail rents in Russell Street in Causeway Bay and Queen's Road in Central are now ranked the second and the third most expensive in the world,' she ...

  4. HK$1b Causeway Bay block for sale

    Posted Jun 14th 2012, 12:00am

    ... and rising retail rents, property investors are scouting for commercial buildings and other retail properties, particularly in areas that are top destinations for mainland shoppers, such as Causeway ... Yvonne Liu yvonne.liu@scmp.com A local investor is set to release his HK$1 billion retail-residential building in Causeway Bay for tender as commercial property prices in the city go ...

  5. Tourists, HK dollar take sales to a six-year high

    Posted Aug 30th 2011, 12:00am

    ... and sky-high rents are eroding their margins,' Mak said. Retail sector wages have risen by up to 20 per cent since the new minimum wage law took effect in May, while rents have risen by 20 to 25 ... Anita Lam anita.lam@scmp.com The weak Hong Kong dollar and a steady stream of shop-till-you-drop mainland visitors lifted retail sales in the city to a six-year high last month. Retailers ...

  6. Revaluation gain lifts Chinese Estates earnings

    Posted Aug 10th 2006, 12:00am by Sandy Li

    ... of securities and other treasury products. The company, which derives its main income from renting office and retail space in prime areas such as Causeway Bay, said underlying profit, excluding ... a year earlier. The company achieved an average 60 per cent rise in monthly rents for office premises and 40 per cent growth for retail properties when leases came due for renewal. Even so, ...

  7. Rising hotel rates buoy Harbour Centre interim

    Posted Aug 16th 2006, 12:00am by Peggy Sito

    ... this month. Office and retail space at the Marco Polo Hongkong was almost fully rented during the period, while retail space at Star House near the ferry terminus in Tsim Sha Tsui was 88 per cent ...

  8. 35pc profit rise has Sa Sa glowing- for now

    Posted Jun 16th 2012, 12:00am

    ... locations would face rent rises of two to three times that rate. Last year, the retailer closed 11 stores in Hong Kong and Macau because of an 'unreasonable increase in rent', he said. ... Angela Che and Charlotte So Cosmetic retailing group Sa Sa International Holdings, which reported a 35 per cent year-on-year rise in net profit for the 12 months ended March, expected ...

  9. Peninsula pushes owner?s earnings up 31pc

    Posted Mar 15th 2007, 12:00am by Denise Tsang

    ... Peninsula, rose 12 per cent on average while rent at serviced apartments and retailing spaces increased across the board. Turnover rose 13.64 per cent to HK$3.72 billion.?The Hong Kong business has ...

  10. 600,000 expected at gadgets fair

    Posted Aug 05th 2009, 12:00am by Peter So

    ... to recover,' chamber chairman Leung Ding-kau said. But he said retail sales remained 20 per cent down on the same period last year. Mr Leung estimated 620,000 visitors, 20 per cent more, would attend and that business turnover would increase by more than 15 per cent. More than 900 booths have been rented by 250 exhibitors from the mainland, Taiwan and local industries- compared with 650 booths rented ...




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