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Foreign Retailers Shift Away from Prime Areas as HK Rents Rise

2014/01/23 by Syndicated Content Leave a Comment

Hong Kong’s retailing landscape is changing. With the competition for space in the city’s traditional retail districts–Central, Causeway Bay, Tsimshatsui and Mongkok–driving rents to eye-watering levels, foreign retailers are increasingly shifting their focus to shopping centres in the New Territories. Fast fashion brands such as Uniqlo, Gap, H&M and Zara have been leading the trend but others are following.

In addition to capturing a share of the growing Mainland-shopper market, retailer interest is also being attracted by growing local populations resulting from the completion of new residential developments.

Hong Kong's retailing landscape is changing. With the competition for space in the city's traditional retail … Read more>>>

Retail Table

Shanghai is Asia’s Hottest Retail Location, But HK Still Costs 4x More

Retail Table

2013/12/12 by Michael Cole Leave a Comment

Two out of the region’s five hottest shopping districts are in Greater China, with the mainland set to be the centre of growth, according to a report released today by real estate consultancy Jones Lang LaSalle.

A decade ago many… Read More>>

Two out of the region's five hottest shopping districts are in Greater China, with the mainland set to be the centre of … Read more>>>

China shopping grows

China Now Asia’s Largest Retail Market as Consumption Grows

China shopping grows

2013/12/02 by Michael Cole Leave a Comment

China is now Asia’s largest retail economy with sales of US$1.7 billion forecast for 2013, making the country the primary target for expanding international retailers, according to a report published today by real estate consultancy Cushman & Wakefield.

The report,… Read More>>

China is now Asia’s largest retail economy with sales of US$1.7 billion forecast for 2013, making the country the … Read more>>>

Asia Retail Rentals

Beijing’s Wangfujing Now Among Asia’s 10 Priciest Retail Locations

Asia Retail Rentals

2013/11/22 by Michael Cole Leave a Comment

China’s growing taste for shopping is pushing up retail rents in the world’s second-largest economy, and now a global survey has confirmed that in at least one key district, the cost of securing shop space is among the ten highest… Read More>>

China's growing taste for shopping is pushing up retail rents in the world's second-largest economy, and now a global … Read more>>>

Jack Ma and Wang Jianlin

Jack Ma Takes in $5.75 Bil – And Takes on China’s Real Estate Barons

Jack Ma and Wang Jianlin

2013/11/18 by Michael Cole Leave a Comment

Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet billionaire Jack Ma has decided to take on China’s real estate industry. For the good of the people, of course.

Turning… Read More>>

Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet … Read more>>>

De Niro Signs Deal to Bring Hollywood Luxury to Shanghai’s Historic Bund

2013/10/25 by Michael Cole Leave a Comment

What does it indicate for Shanghai real estate when Asia’s richest man is selling assets, at the same time that Hollywood movie stars start making investments?

Academy award winning actor Robert De Niro announced today that he and several US-based… Read More>>

What does it indicate for Shanghai real estate when Asia's richest man is selling assets, at the same time that … Read more>>>

Everbright Ashmore Shopping Mall

Fund Manager Everbright Ashmore Sells 128k Sqm Chongqing Mall

Everbright Ashmore Shopping Mall

2013/10/14 by Michael Cole Leave a Comment

Joint venture real estate investment firm Everbright Ashmore announced last week that it had sold a 128,381 sqm shopping mall in Chongqing, China. The sale happens at a time of increased interest in China real estate assets from international private… Read More>>

Joint venture real estate investment firm Everbright Ashmore announced last week that it had sold a 128,381 sqm shopping … Read more>>>

China ecommerce

JLL Says China Ecommerce Will Lead to the Decline of Low End Malls

China ecommerce

2013/09/24 by Michael Cole 1 Comment

Real estate consultancy Jones Lang LaSalle released a white paper today sees China’s booming ecommerce sector undermining many of the country’s low-end malls, and leading to still higher demand for warehouse space.

The paper, E-commerce in China: Online is the New… Read More>>

Real estate consultancy Jones Lang LaSalle released a white paper today sees China's booming ecommerce sector … Read more>>>

Shanghai bund shopping

Luxury Retail Fails on Shanghai’s Bund

Shanghai bund shopping

2013/07/18 by Michael Cole 1 Comment

While upscale retailers have scored win after win with Chinese consumers, in one of the country’s most fabled financial centres, luxury brands are acknowledging a major fail.

Left derelict before China’s economic reforms took hold, Shanghai’s Bund district… Read More>>

While upscale retailers have scored win after win with Chinese consumers, in one of the country’s most fabled financial … Read more>>>

Hollister opens fifth China store

US Fashion Brand Hollister Rides the China Retail Wave

Hollister opens fifth China store

2013/06/30 by Michael Cole 1 Comment

Maybe the new surfer’s paradise is the smoggy, landlocked capital of China, as surf-wear retailer Hollister opened its fifth China location on Saturday in Beijing.

The casual fashion brand, which is owned by Abercrombie & Fitch opened its first two… Read More>>

Maybe the new surfer's paradise is the smoggy, landlocked capital of China, as surf-wear retailer Hollister opened its … Read more>>>

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