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Retail properties
Hong Kong ranks as the world's most expensive high-street retail destination with average rent of US$4,327 per sq ft per annum, surpassing New York, Paris, London and Tokyo by a substantial margin, according to the latest research from CBRE.
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Hong Kong property
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Hong Kong McDonald’s spot close to topping London as world’s busiest
The Admiralty Centre outlet serves more than 1,000 customers an hour during peak periods, putting it on a path to surpass the Liverpool Street branch.
3 Jun 2025 - 10:12AM
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Hong Kong property
Hong Kong’s Gale Well continues asset sales with US$66 million Stanley property
28 May 2025 - 6:00PM
Hong Kong property
Japanese retailers capitalise on Hong Kong’s retail property slump to expand
27 May 2025 - 8:46AM
Hong Kong property
How Chinese retailers are making the most of Hong Kong’s falling rents
Some 35 per cent of retailers entering Hong Kong this year are from mainland China, compared with 29 per cent last year, CBRE says.
19 May 2025 - 9:35AM
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Hong Kong property
Tenants like Donki get rental breaks in Hong Kong’s retail gloom
Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.
14 May 2025 - 8:42PM
Hong Kong property
Southeast Asian buyers, schools fuel revival in Hong Kong commercial properties
Colliers forecasts commercial real estate deals to increase 14 per cent this year on policy support, valuation appeal.
12 May 2025 - 8:30AM
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Old Hong Kong
How do Hong Kong’s old shops preserve the city’s history and charm?
Old family-run establishments give the city its unique character and enthusiasts are recording their stories before it’s too late.
10 May 2025 - 11:00AM
Hong Kong property
Hong Kong’s Tsim Sha Tsui is the world’s most expensive luxury shopping district
Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square metre per annum in the fourth quarter, according to Savills’ report.
30 Apr 2025 - 9:04AM
Hong Kong property
Hong Kong retail rents have further to fall amid spending dip
Leasing activity is strong as operators seize on bargain rents to upgrade, but shopping trends worry landlords, suppress investment.
27 Apr 2025 - 10:00AM
Hong Kong stock market
HKEX to buy space in Exchange Square for US$812 million from Hongkong Land
Purchase follows the Securities and Futures Commission’s acquisition of its own permanent office in Quarry Bay in late 2023.
24 Apr 2025 - 8:29PM
Hong Kong property
Hong Kong retail slump claims another victim as dessert shop deserts
After You Dessert Cafe to close its two shops as retail sector downturn puts further pressure on the weak retail property market.
23 Apr 2025 - 4:30PM
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Greater Bay Area
Macau’s most opulent lodging, The 13 Hotel and Casino, up for sale again
The 22-storey luxury property in Macau’s Coloane district was estimated last year to be worth US$309 million.
20 Apr 2025 - 9:30AM
Hong Kong property
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Hong Kong pharmacy to become latest tenant on Russell Street amid rent slump
Annual rent in Causeway Bay shopping district has declined 46 per cent on average between 2018 and 2024, according to Cushman & Wakefield.
18 Apr 2025 - 9:30AM
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Hong Kong property
Firm tied to Philippines brand Oishi buys 2 Hong Kong shops
Snack maker adds to property holdings in city as some analysts predict improvements in retail sales.
16 Apr 2025 - 8:03PM
China property
Swire Properties bullish on mainland China despite tariff war’s pall
Hong Kong developer says it is on the hunt for retail investments in Shenzhen amid the ‘onshoring’ of consumption, CEO says.
15 Apr 2025 - 4:44PM
China property
Luxury malls in China adjust to market reality amid dip in consumer spending
Mall vacancy rates in Beijing stood at 10.6 per cent last year and 9.5 per cent in Shanghai, according to Cushman & Wakefield.
13 Apr 2025 - 10:00AM
Hong Kong property
Hong Kong’s office segment to see faster turnaround than retail: Morgan Stanley
‘We think the Hong Kong office market is not structurally impaired,’ Morgan Stanley’s Praveen Choudhary says.
7 Apr 2025 - 9:30AM
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Hong Kong property
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Hong Kong online broker rents shop in one of the world’s costliest retail strips
Futu could be paying HK$1.2 million (US$154,000) per month in rent, a steal compared to the HK$8.6 million in monthly rent that Burberry paid in 2018.
3 Apr 2025 - 7:26PM
Hong Kong property
Hong Kong’s battered retail sector about to turn around: UBS, JLL
UBS revises its 2025 forecast to flat from a 5 per cent decline, while JLL sees signs of stabilisation as Shenzhen shopping craze cools.
26 Mar 2025 - 10:35AM
Hong Kong property
Stephen Chow, Andy Lau poised for windfalls as their property rents rise
Rateable value is an estimate of the annual rental value of a property on the open market at a designated valuation reference date.
19 Mar 2025 - 10:30AM
Hong Kong property
Nicholas Tse, Stanley Ho’s family face falling property value amid market slump
Macau tycoon Stanley Ho’s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse’s shop in Central rented out at a big discount.
14 Mar 2025 - 8:07PM
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Hong Kong property
Swire Pacific earnings drop 85% as Hong Kong property slump hits projects, assets
Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from the US market.
14 Mar 2025 - 1:46PM
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China property
China’s commercial properties unloved as foreign funds sell for fourth year
Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020.
13 Mar 2025 - 9:57AM
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Hong Kong
Harbour City owner says earnings sink on weak retail, property market
Earnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment properties.
10 Mar 2025 - 11:01PM
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Banking & finance
Gucci, Prada close more China outlets as luxury spending shrinks
Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
9 Mar 2025 - 1:01PM
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Hong Kong property
Hong Kong retail property fund sells shop at 30% loss
Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million.
16 Mar 2025 - 1:07AM
China property
Hong Kong’s New World to launch ‘Front Tower’ office building in Hangzhou
Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.
3 Mar 2025 - 5:00PM
Hong Kong property
Mainland Chinese brands to lead retail leasing in Hong Kong
Mainland Chinese brands are seizing opportunities from rising tourism and an influx of migrants, analysts say.
3 Mar 2025 - 10:14AM
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