{"id":107115,"date":"2019-05-15T07:00:15","date_gmt":"2019-05-15T00:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-makes-hay-while-the-sun-shines-selling-its-tst-premises-for-hk1-billion-as-trade-war-crimps-retail-property-prices\/"},"modified":"2019-05-15T08:08:50","modified_gmt":"2019-05-15T01:08:50","slug":"mcdonalds-makes-hay-while-the-sun-shines-selling-its-tst-premises-for-hk1-billion-as-trade-war-crimps-retail-property-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-makes-hay-while-the-sun-shines-selling-its-tst-premises-for-hk1-billion-as-trade-war-crimps-retail-property-prices\/","title":{"rendered":"McDonald\u2019s makes hay while the sun shines, selling its TST premises for HK$1 billion as trade war crimps retail property prices"},"content":{"rendered":"<p>&#013;<br \/>\nThe US fast food giant McDonald\u2019s is seeking to sell a prime street level shop in Hong Kong worth HK$1 billion (US$127.4 million), 15 times the HK$66 million it paid 30 years ago, but property agents say that very few investors will be willing to make such a huge investment in the current economic environment.McDonald\u2019s is seeking tenders for a 4,260-square foot shop (396 square metres) at Star House on Salisbury Road in Tsim Sha Tsui, currently occupied by the health and beauty chain Watsons,\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/hong-kong-china\/article\/3010193\/mcdonalds-makes-hay-while-sun-shines-selling-its-tst\" target=\"_blank\">McDonald\u2019s makes hay while the sun shines, selling its TST premises for HK billion as trade war crimps retail property prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The US fast food giant McDonald\u2019s is seeking to sell a prime street level shop&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107115","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rRF","jetpack-related-posts":[{"id":170686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-sells-hong-kong-shop-outside-disposal-plan-for-us11-9-million\/","url_meta":{"origin":107115,"position":0},"title":"McDonald\u2019s sells Hong Kong shop outside disposal plan for US$11.9 million","date":"March 4, 2026","format":false,"excerpt":"\r McDonald\u2019s has sold another Hong Kong retail property for HK$93.5 million (US$11.9 million), extending its asset sell-down and bringing total proceeds to about HK$580 million. The ground-floor unit at Mount Sterling Mall in Mei Foo Sun Chuen, Lai Chi Kok, was sold on February 27 to Huge Power (China)\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-seeks-us153-million-for-8-hong-kong-retail-properties-in-rare-sale\/","url_meta":{"origin":107115,"position":1},"title":"McDonald\u2019s seeks US$153 million for 8 Hong Kong retail properties in rare sale","date":"July 28, 2025","format":false,"excerpt":"\r McDonald\u2019s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million), giving investors a rare opportunity to own fully tenanted assets, as the world\u2019s biggest fast-food chain reviews its real estate portfolio in the city. The Chicago-based group appointed JLL\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-hong-kong-shops-sell-like-hotcakes-yielding-us23-5-million\/","url_meta":{"origin":107115,"position":2},"title":"McDonald\u2019s Hong Kong shops sell like hotcakes, yielding US$23.5 million","date":"November 10, 2025","format":false,"excerpt":"\r Two McDonald\u2019s shops in Hong Kong have been sold to the same buyer for HK$183 million (US$23.5 million), marking the fast-food chain\u2019s second and third sales this month as it proceeds with an asset-disposal plan amid an improving commercial property market. A 7,357 sq ft property in Mong Kok\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":107115,"position":3},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-sells-first-hong-kong-property-in-us154-million-asset-disposal-plan\/","url_meta":{"origin":107115,"position":4},"title":"McDonald\u2019s sells first Hong Kong property in US$154 million asset-disposal plan","date":"November 5, 2025","format":false,"excerpt":"\r McDonald\u2019s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain\u2019s first since it announced an asset-disposal plan in July. The three-storey, 9,695 sq ft property in Yuen Long Trade Centre was handed over to the buyer, Acc Investment, on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-begins-an-unusual-savings-plan-to-raise-hk1-billion-to-afford-owning-an-office-in-the-worlds-costliest-city\/","url_meta":{"origin":107115,"position":5},"title":"Hong Kong regulator begins an unusual savings plan to raise HK$1 billion to afford owning an office in the world\u2019s costliest city","date":"February 19, 2019","format":false,"excerpt":"\r Hong Kong\u2019s securities regulator has revealed an unusual savings plan, aiming to raise up to HK$8 billion (US$1.02 billion) over eight years to afford owning its own office in the world\u2019s most expensive city.The watchdog, which will relocate its premises to Swire Properties\u2019 One Island East tower in Quarry\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107115"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=107115"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/107115\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=107115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=107115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=107115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}