The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong
The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong
Business

Third coronavirus wave pushes back recovery of Hong Kong’s struggling retail property sector to mid-2021

  • Retailers will be more cautious with their expansion plans because of the new social distancing measures, says Colliers
  • Major landlords launch legal proceedings against top brands to recover millions in unpaid rent and fees

Topic |   Hong Kong property
Lam Ka-sing
Lam Ka-sing

Updated: 10:44pm, 15 Jul, 2020

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The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong
The coronavirus pandemic has hit Hong Kong’s retail sector, which has resulted in a spate of shop closures in the last several months. Photo: Felix Wong
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