Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee
Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee

Hong Kong mall landlords shift to charging base rent

Gradual change in policy attributed to retail sales slump on declining mainland tourist spending

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Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee
Developers began adopting a base-rent policy several years ago to avoid volatility. Photo: Dickson Lee
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