Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg
Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg

Retail rents cut as landlords fight to keep tenants

After years of soaring rent levels, declining sales of luxury items force landlords to backtrack

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Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg
Landlords of Hong Kong retail properties have been making substantial concessions in asking rents as sales continue to cool. Photo: Bloomberg
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