Some retailers at Harbour City, Hong Kong’s biggest shopping centre in Tsim Sha Tsui, put up notices slamming their landlord for shutting their shops over rental dispute. Photo: Sam Tsang
Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens
- Wharf Reic, owner of Harbour City, sent court bailiffs last week to seal off some shops and also sued a cinema operator to recover rent arrears
- More than 560 companies have faced liquidation threats since early 2019, while HK$134 billion of retail sales evaporated
Some retailers at Harbour City, Hong Kong’s biggest shopping centre in Tsim Sha Tsui, put up notices slamming their landlord for shutting their shops over rental dispute. Photo: Sam Tsang
