Hysan Development, the largest commercial landlord in Causeway Bay, expects retail rents to rise thanks to Hong Kong’s economic recovery and the consumption vouchers handed out by the government.Sales and footfall in shopping centres have increased with the government’s distribution of HK$5,000 (US$642.56) consumption vouchers to each Hongkonger this month and the easing of Covid-19 cases, said Ricky Lui, chief operating officer at Hysan at a briefing on Wednesday.“The stimulus from consumption…
Source : South China Morning Post
Read more…Hong Kong retail rents will rise thanks to economic recovery from Covid-19, government consumption vouchers scheme, says Hysan Development















