Property News · February 14, 2017

Innovation is key to the changing world of Hong Kong retail


Hong Kong has one of the most vibrant retail markets in the world. While it has certainly evolved over the years, the city has traditionally been regarded as a ‘shopping paradise’.
However, more recently, indicators suggest that the decade-long luxury shopping era is coming to an end: vacancies are becoming more common in retail properties and, left with little choice, landlords are lowering rents and having to scramble to find suitable tenants.
In fact, during 2016, rents for…

Source : South China Morning Post
Read more…Innovation is key to the changing world of Hong Kong retail

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