Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam
Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam

Warehouse rents in Hong Kong keep pace with shop lease costs

Amid surging tourist numbers, tight supply leads to 60pc increase in fees over five years

Topic |  
Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam
Retail sales have soared in the past 10 years thanks to demand from mainland shoppers, but only four parcels of land have been released for warehousing. Photo: Nora Tam
READ FULL ARTICLE