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Swatch Scores 53% Discount on Central Shop Space as HK Retail Rents Plunge

2017/10/19 by Greg Isaacson Leave a Comment

Shop rents in Hong Kong are falling, and in the case of Switzerland’s Swatch, the new retail reality means paying less than half of the former price for store space in the heart of the city’s Central district.

Swatch is… Read More>>

Matheson Street Shop

12 Square Metre Hong Kong Shop Sells for US$23M

2014/03/17 by Michael Cole Leave a Comment

The new record for most valuable commercial property in Asia belongs to 12 square metre (130 square foot) shop in Hong Kong’s trendy Causeway Bay shopping district.

The non-descript electronics shop at 77-83 Matheson Street near the popular Times Square… Read More>>

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.

Retail Table

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

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>>

Hong Kong Tops New York as Most Expensive Retail Location – and more of Today’s China Real Estate Links | November 15, 2012

2012/11/15 by Michael Cole Leave a Comment

Here is a list of the day’s latest China real estate news collected from around the web:

  • Hong Kong Tops New York as Most Expensive Retail Location

    Hong Kong ended New York’s 11-year reign as the home of… Read More>>

  • Booming China land sales fuel predictions of real estate rebound – and more of Today’s China Real Estate Links | October 12, 2012

    2012/10/12 by Michael Cole Leave a Comment

    Here is a list of the day’s latest China real estate news collected from around the web:

  • Booming land sales fuel predictions of real estate rebound

    Land sales in China’s 10 major cities more than doubled in the… Read More>>

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