HMV’s flagship store on Paterson Street Causeway Bay occupies 40,000 square feet. Photo: Robert Ng
HMV’s flagship store on Paterson Street Causeway Bay occupies 40,000 square feet. Photo: Robert Ng

Hong Kong landlords ponder how to fill large retail spaces as consumer slowdown gathers pace

  • Veteran property observers urge landlords holding vacant retail space to subdivide and reduce rents
  • Potential lease termination by HMV begs the question of what other tenants can fill the vacuum as consumer spending softens

HMV’s flagship store on Paterson Street Causeway Bay occupies 40,000 square feet. Photo: Robert Ng
HMV’s flagship store on Paterson Street Causeway Bay occupies 40,000 square feet. Photo: Robert Ng
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