Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang
Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Hong Kong’s protest-hit retail property market hasn’t seen the worst yet. Will shopping mall landlords finally slash rents?

  • In addition to the global trend of stiff competition from online retailers, Hong Kong shops have faced a sharp drop in mainland visitors and protest vandalism
  • Stocks of retail property owners are not yet at historic lows, showing the sector has not hit rock bottom

Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang
Riot police enter Citywalk Mall in Tsuen Wan after anti-government protesters vandalised facilities and shops on November 10. Photo: Sam Tsang
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.