A customer shopping in Causeway Bay. Some prime retail sites in the area have been snapped for bargain rents. Photo: May Tse, SCMP

Hong Kong retailers being offered cheaper rents and shorter leases, even for prime sites

On both sides of the harbour, the price of floor space is tumbling, as visitor numbers dwindle and losses rack up

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A customer shopping in Causeway Bay. Some prime retail sites in the area have been snapped for bargain rents. Photo: May Tse, SCMP
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