Property News · June 25, 2019

Hong Kong’s local malls seen as a solid investment bet thanks to solid yields, reliance on domestic spending


Hong Kong’s neighbourhood shopping centres have come into focus recently for their solid rental yields and reliance on local consumers, in contrast to glitzier malls that cater to the more fickle tourist spending.Property broker JLL estimated that market yields for neighbourhood malls ranged between 3 and 4.5 per cent, well above the city’s high street shops at 2.5 per cent and grade A offices at 2.7 per cent.“Neighbourhood malls in Hong Kong are an attractive retail asset worth considering for…

Source : South China Morning Post
Read more…Hong Kong’s local malls seen as a solid investment bet thanks to solid yields, reliance on domestic spending

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