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  1. 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, ...

  2. 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

    ... driven up top rentals in key precincts to over US$927 per sq ft per year, says Cushman. The findings come in the first global retail report from Cushman & Wakefield and the International ... base, new economic policies supporting the retail sector and a growing international appeal all combined to promote Asia's strong retail performance. Cushman says this will support future ...

  3. Property - Hong Kong & China - CONCRETE ANALYSIS

    40 years of retail change but Hong Kong remains a shopper's paradise

    Posted Sep 05th 2012, 12:00am by Joe Lin

    ... Joe Lin From department stores in the 1970s to malls with just about everything in 2012, Hong Kong remains a retail paradise for both locals and visitors It will always be shop until you drop Hong Kong is now established as the world's most expensive location for prime retail space, but the city's retail sector is much more than the eye-watering numbers. Shopping has ...

  4. Business - Banking & Finance - STOCKS

    Relaxed travel rules spark rally in shares of HK retailers

    Posted Aug 28th 2012, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Relaxed travel rules spark rally in retailers The share prices of Hong Kong retailers surged yesterday on expectations that eased regulations for mainlanders visiting the city would bring more shoppers from across the border. Cosmetics retailers, department store operators, and high-end jewellery and watch sellers, which may benefit from ...

  5. Comment - Blogs

    Retail Review: Abercrombie & Fitch, Eslite Bookstore

    Posted Sep 03rd 2012, 01:26pm by Jason Y Ng

    ... Jason Y Ng On 11 August, Abercrombie & Fitch made landfall in Hong Kong. It is the label’s fourth store in Asia after Tokyo, Fukuoka and Singapore. The American retailer broke ... girl. Though smaller and narrower by comparison, the four-floor retail space feels like any A&F store in the U.S. There is the same shirtless greeter standing by the entrance and the same ...

  6. Business - Companies - RETAILING

    Tokyo Best Buy opens second-hand shops in Hong Kong

    Posted Sep 17th 2012, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com Best Buy hopes to lure budget-conscious Hongkongers with second-hand electrical appliances, clothing, shoes and jewellery Tokyo outfit hops onbargain bandwagon Second-hand bag trader Milan Station is finding it increasingly tough to find Hong Kong shoppers prepared to fork out HK$50,000 for a second-hand bag. But one Japanese retailer is betting increasingly ...

  7. Central, Kowloon trump London, Paris for retail rent

    Posted Jul 12th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com While it may cost an arm and a leg to shop at some Hong Kong clothing boutiques, fashion retailers are also paying through the nose to rent space in the city, which ranks as the second most expensive in the world. A report from Colliers International, 'Retail Highlights Mid-Year 2012', has found that New York's Fifth Avenue kept ...

  8. City's retail rents hitting top of curve

    Posted May 30th 2012, 12:00am

    ... Yvonne Liu Yvonne.liu@scmp.com The slowdown in economic growth on the mainland and in Hong Kong, and in the growth of visitor arrivals, could signal an end to the sharp increase in retail rents, say analysts. After almost doubling in the last three years as retailers scrambled for prominent locations in tourist hot spots, rents in prime Hong Kong shopping districts are now likely ...

  9. 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. ... But this was slightly better than the 0.1 per cent growth in the fourth quarter of last year. CBRE believes the slow growth was caused by the caution exercised by domestic retailers as they pulled back from ...

  10. 'Talks are essential' on retail art space

    Posted Jun 04th 2012, 12:00am

    ... Kevin Kwong kevin.kwong@scmp.com The chief executive-elect should consult developers on his proposal that they must set aside space in new retail complexes for arts and cultural facilities, the chief of one of the four main property empires says. Adrian Cheng Chi-kong, executive director and joint general manager of New World Development, said yesterday the government would ...




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