Property News · November 7, 2017

Rents go up in APM mall amid expectations of strong Christmas sales


Rents at APM, Sun Hung Kai Properties’s flagship mall in Kowloon East, have gone up by as much as 15 per cent as leases have come up for renewal this year.
Maureen Fung Sau-yim, the executive director of Sun Hung Kai Properties (China), a wholly owned subsidiary of Sun Hung Kai Properties, said the company has renewed 71 leases involving 230,000 square feet, or 40 per cent of total space, at APM in Kwun Tong since January.
“Rents for these new leases have risen by 10 per cent to 15…

Source : South China Morning Post
Read more…Rents go up in APM mall amid expectations of strong Christmas sales

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