The city’s two major landlords of shopping malls reported a modest increase in profits for the first half of 2018 driven by tenants’ robust sales growth as increasing tourist arrivals spilled over to higher shopping bills.
Wharf Real Estate Investment announced an 8 per cent increase in core profit for the first six months on the back of strong retail sales.
Retail sales jumped by 36.1 per cent at Harbour City in Tsim Sha Tsui, the city’s largest mall, to a record HK$18.6…
Source : South China Morning Post
Read more…Harbour City, Hysan Place mall operators report improved first-half results amid robust retail sales















