General view of Russell street, Causeway Bay in Hong Kong on 18 September 2014.

Causeway Bay’s retail vacancy rate to soar, with one in 10 shops standing empty as Hong Kong’s street rallies enter their 15th week

  • As many as 102 shops stood empty out of 1,087 in August in the district, or a vacancy rate of 9.4 per cent, according to data by the real estate agency Midland IC&I
  • More than 600 shops may empty out by next year, according to forecast, putting hundreds of staff out of work
Topic |   Retail properties

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General view of Russell street, Causeway Bay in Hong Kong on 18 September 2014.
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