Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung
Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung

Causeway Bay’s Russell Street signals deflation and the end of a heady era

Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung
Annual rents for prime retail space on Russell Street have slumped to 40 per cent of their levels two years ago. Photo: Rachel Cheung
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