Property News · March 27, 2018

Hang Lung to spend HK$40 million on mall upgrades to woo Mong Kok’s shoppers


Hang Lung Properties will spend HK$40 million (US$5.1 million) renovating two of its shopping malls in Hong Kong’s bustling Mong Kok area in a bid to enhance rental income in a fast-changing retail landscape.
The appeal of Hang Lung’s Gala Place and Hollywood Plaza has been in decline in the face of stiff competition from nearby Langham Place, owned by Champion Reit, and New World Development’s recently opened The Forest mall, according to Helen Mak, head of retail services at…

Source : South China Morning Post
Read more…Hang Lung to spend HK million on mall upgrades to woo Mong Kok’s shoppers

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