Property News · May 23, 2017

Wide-ranging HK$2b project to upgrade its assets reaps rewards for Hang Lung Properties


Hang Lung Properties initiated its bold HK$2 billion, seven-year asset enhancement plan in 2012, just as the retail market entered a lengthy correction at home, and in the mainland, luxury retailers were hit hard by an anti-corruption crackdown by Chinese leaders.
High levels of store vacancies and closures became commonplace, with some top brands postponing their expansions, or scaling back their existing operations.
Norman Chan, who joined Hang Lung in 2013 as sales and leasing director,…

Source : South China Morning Post
Read more…Wide-ranging HKb project to upgrade its assets reaps rewards for Hang Lung Properties

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