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  • November 26, 2014
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  1. Flat growth in retail rents points to slowdown in shopping mall sector

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

    ... Yvonne Liu Rental growth at shopping malls slowed in the first half of this year and is likely to remain stable in the second half of the year, with property consultants saying the retail ... growth in shopping malls has been in a state of slowdown this year,' said Jeannette Chan, regional director of the retail department at Jones Lang LaSalle. 'Rental at poorly designed ...

  2. Boss lashed over Link workers' rights

    Posted Jun 06th 2006, 12:00am by Agnes Lam

    ... decision to axe 1,400 jobs and raise rents at shopping malls on housing estates. 'Apart from the big-scale layoffs, the company fails to regulate its contractors, who exploit workers ... Victor So Hing-woh defended the moves as business decisions. 'More jobs are created after we redecorate malls. Our work is to improve [them] so shop owners can do business in a better ...

  3. Mall of the Emirates, Dubai

    Posted Jul 09th 2006, 12:00am by Nicole Fall

    ... Nicole Fall Dubai is big on malls because without them it would be near impossible to shop. The oppressive heat and distances between locations mean freestanding stores or shopping streets outside the old town are almost non-existent. But there are malls, and then there's the Mall of the Emirates, which takes the concept of a shopping centre with air-conditioning one step ...

  4. Competition forces arcades to renovate

    Posted May 03rd 2006, 12:00am by Yvonne Liu

    ... of architecture firm Woods Bagot, said developers were now renovating their shopping malls every three years, rather than every five. Woods Bagot has been appointed to rebrand Vicwood Plaza in Sheung Wan, ... Touikan said. 'Flexibility is the key element with shopping malls that developers look for,' he said. 'They used to do renovation work in arcades once every five years. ...

  5. Shopping malls boom as international brands flood in

    Posted Apr 17th 2006, 12:00am by Andy Chen

    ... carrying fatter wallets, mall retailers are more willing to pay high rents than in previous years. These reasons help to explain how Hong Kong can accommodate an increasing number of shopping centres, particularly in Kowloon, and the 15 per cent surge in overall rents last year. Developers, on the other hand, are increasingly keen to open shopping malls because retail rental returns ...

  6. Investors ditch homes and go shopping in retail sector

    Posted Apr 05th 2006, 12:00am by Sandy Li

    ... remained conservative about the prospects for subdivided outlets at shopping malls. 'It is extremely difficult to see a successful example so far,' he said. Most shopping malls that had ... Sandy Li Average retail rents could rise 20pc this year, say analysts There has been a revival of interest in the retail sector, with investors snapping up shops in secondary locations. ...

  7. Mall hopes to score with soccer camping option

    Posted Jun 25th 2006, 12:00am by Stephenie Hui

    ... Stephenie Hui While people usually camp in the countryside, last night soccer fans could sleep in tents inside a shopping mall in Tai Kok Tsui after watching the World Cup matches. ... zone. For admission to the lounge, people will have to spend a further $1,000 in the mall, while receipts of any amount from shops in the centre can be exchanged for tickets to the zone. ...

  8. Subdivided shops struggling to survive

    Posted May 03rd 2006, 12:00am by Sandy Li

    ... by subdividing shopping malls and selling the smaller outlets. But now those people who bought small outlets are struggling to survive. Decentralised management and poor occupancy rates make it difficult to find buyers or tenants. The landlord of subdivided mall Causeway 2 in Causeway Bay was charging tenants $1 a month on a short-term basis for unsold shops in an attempt to fill up the half-empty ...

  9. Public space sacrificed for profit, says competition winner

    Posted Apr 17th 2006, 12:00am by Patsy Moy

    ... the complaint of final-year Polytechnic University industrial design student Rony Chan Hoi-nap, who recently won a design contest organised by VivoCity, a shopping mall in Singapore. With her street ... outside the shopping mall, which the student cherishes more than the money. 'I hope we organise similar contests in Hong Kong; that would help new designers gain experience,' she said. ...

  10. Malls get on the ball with World Cup promotions

    Posted Jun 07th 2006, 12:00am by Sandy Li

    ... also opted to lease in those popular shopping malls with aggressive promotional activities. 'The World Cup event provides a golden opportunity for mall owners to encourage shoppers to stay and spend until late at night,' he said. Compared with 2002, SHKP had increased its promotional budget by 40 per cent to $11.5 million at 14 of its bigger shopping malls, said Sun Hung Kai Real ...




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