Restaurant operators and shop tenants across Hong Kong are looking to give up their spaces in greater numbers amid an economic downturn that started with the city’s anti-government protests last year and has worsened during the Covid-19 outbreak.The number of shops and restaurants seeking replacement tenants to take over their current leases totalled 140 as of Tuesday at one agency – Midland IC&I – alone, representing an increase of 7.7 per cent over August last year, just after the protests…
Source : South China Morning Post
Read more…More Hong Kong restaurant, shop tenants are looking to surrender spaces for ‘free’, as coronavirus, government response bite















