Customers line up for dinner outside a restaurant in Mong Kok on February 18. The F&B industry has been the major beneficiary of the “domestication” of Hong Kong’s retail market. Photo: Edmond So
Customers line up for dinner outside a restaurant in Mong Kok on February 18. The F&B industry has been the major beneficiary of the “domestication” of Hong Kong’s retail market. Photo: Edmond So
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

How Hong Kong’s retail property sector is being pulled in two different directions

  • A leasing market driven by domestic consumption, and powered by F&B operators, is helping the city cope with its zero-Covid-induced isolation
  • However, landlords are betting on the return of luxury shoppers from the mainland, keeping the vacancy rate high

Customers line up for dinner outside a restaurant in Mong Kok on February 18. The F&B industry has been the major beneficiary of the “domestication” of Hong Kong’s retail market. Photo: Edmond So
Customers line up for dinner outside a restaurant in Mong Kok on February 18. The F&B industry has been the major beneficiary of the “domestication” of Hong Kong’s retail market. Photo: Edmond So
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