Property News · November 11, 2016

Swire’s Q3 retail mall sales improve as new outlets, activities attract shoppers


Swire Properties said the declining sales at its three shopping malls in Hong Kong have bottomed out in the third quarter, as new restaurants, retail outlets and creative in-mall entertainment attracted shoppers and improved pedestrian traffic.
Sales at Pacific Place mall in Admiralty fell 15.3 per cent in the first three quarters of the year, while sales at the Citygate Outlets mall in Tung Chung declined 11.2 per cent, and sales at Cityplaza in Taikoo dipped 4.2 per cent, according to a…

Source : South China Morning Post
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