Retail Rents

Hong Kong retail rent growth seen at 5pc this year, says consultancy

1 May 2013

In its new report, Jones Lang LaSalle says the limited availability of retail space and consequently high rents in prime shopping districts continue to challenge cost-sensitive retailers, many of...

3:44AM

Wealthy drive down shops' rental yields

24 Apr 2013

Insatiable demand among the global super-rich for swanky retail property in Europe has driven rental returns on the best shopping streets so low they are not much higher than the safest government...

5:36AM

Letters to the Editor, April 21

21 Apr 2013

The danger of a conflict between China and Japan over islands in disputed waters, such as the Diaoyu Islands in the East China Sea, is always possible, given the rise of militarism in both...

4:56AM

The slow death of small businesses in Hong Kong

3 Apr 2013

Over the past decade, car-repair shop owner Benny Chan has seen more than 70 per cent of his small-business peers disappear as his neighbourhood fills up with high-end Western bars and Japanese...

5:07AM

Hong Kong planners must cater to noodle shops amid unsavoury rent rises

16 Mar 2013

There is nothing quite like the great wonton and noodle shops in Hong Kong. They are not fancy places, but have been in the same location for ages - beloved local institutions with lifetime...

2:40AM

4 comments

Soaring rents in prime locations push out local shops and restaurants

20 Feb 2013

When the lease on the 600-square-foot shop at 35 Yiu Wa Street, two blocks from the Times Square commercial-office complex, came up for renewal recently, Jennifer Cheung was shocked by the size of...

9:40AM

Opinion

Michael Cox

The last straw for Terry Wong?

2:53PM

Alex Lo

We need a sober view of sexual violence

3 comments

4:10AM

Hong Kong leaves New York in the shade for prime retail rents

At US$4,335 per square foot a year in the fourth quarter last year, the average rent for a prime shop was well above second-placed New York, where rents were 46 per cent lower at US$2,970. London...

5:20AM

7 comments

It's time landlords stopped eating away at the industry

According to the food and beverage industry rumour mill, a bar that has been a Wan Chai institution for more than 10 years is closing as its rent rises to HK$400,000 a month.

9:48AM

Call for last orders after 45 years

The 45-year-old Kam Kee Cafe in Shau Kei Wan will be closing next month after the property owner asked for a 150 per cent increase in rent.

2:37AM

DIGEST

Property Digest, November 21, 2012

Retail rental growth in the four major shopping districts slowed for the second consecutive quarter, Colliers International said.

3:36AM

RETAILING

Causeway Bay shop rents lead world

Strong demand from international retailers and tight supply mean retail rents in Causeway Bay, Central and Tsim Sha Tsui are among the five most expensive shopping addresses in the world.

5:02AM

COMMERCIAL

High rents force shops to extend hours, creating Ginza-style districts

Shops and restaurants in Causeway Bay are extending their opening hours to cope with soaring rents, a trend that has encouraged developers to build two "Ginza-style" commercial projects geared to...

2:56AM