{"id":108817,"date":"2019-07-09T06:00:18","date_gmt":"2019-07-08T23:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-for-hong-kong-retail-rents-bleak-as-trade-war-and-protests-dampen-sales\/"},"modified":"2019-07-09T07:02:50","modified_gmt":"2019-07-09T00:02:50","slug":"outlook-for-hong-kong-retail-rents-bleak-as-trade-war-and-protests-dampen-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-for-hong-kong-retail-rents-bleak-as-trade-war-and-protests-dampen-sales\/","title":{"rendered":"Outlook for Hong Kong retail rents bleak as trade war and protests dampen sales"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s retail leasing market is expected to slow further in the second half as sales continue to slump because of the US-China trade war and uncertainty over protests against the extradition bill, industry observers say.Overall rent for shops along prime shopping streets fell 1.2 per cent quarter on quarter from April to June, with Central recording the sharpest drop at 3.8 per cent, real estate research and consultancy firm Savills said.\u201cIn the first half of the year, business has been\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3017762\/outlook-hong-kong-retail-rents-bleak-trade-war-and-protests-dampen-sales\" target=\"_blank\">Outlook for Hong Kong retail rents bleak as trade war and protests dampen sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s retail leasing market is expected to slow further in the second half as&#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-108817","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-sj7","jetpack-related-posts":[{"id":111315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-on-office-market-as-available-space-in-central-rises-to-14-year-high-rents-fall-3-2-per-cent\/","url_meta":{"origin":108817,"position":0},"title":"Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent","date":"October 4, 2019","format":false,"excerpt":"\r The outlook for Hong Kong\u2019s property market is bleak after rents for grade A office space in Central \u201csoftened significantly\u201d and availability climbed to a 14-year high in the third quarter.Cushman & Wakefield said on Thursday that tenants generally held off committing to relocations or expansions in the quarter\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shops-in-causeway-bay-see-sales-hit-by-hong-kong-protests-says-landlord-hang-lung-as-retail-rents-seen-tanking\/","url_meta":{"origin":108817,"position":1},"title":"Shops in Causeway Bay see sales hit by Hong Kong protests, says landlord Hang Lung, as retail rents seen tanking","date":"July 30, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail sector has been hit by weeks of protests that have frequently descended into violence, according to Hang Lung Properties, a major landlord in one of the city\u2019s best known shopping areas.The company\u2019s chief executive Weber Lo said the mass rallies had damaged sales of its tenants\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kongs-industrial-buildings-falls-by-half-as-protests-us-china-trade-war-dampen-sentiment\/","url_meta":{"origin":108817,"position":2},"title":"Investment in Hong Kong\u2019s industrial buildings falls by half as protests, US-China trade war dampen sentiment","date":"December 16, 2019","format":false,"excerpt":"\r Investment in Hong Kong\u2019s logistics and industrial property declined by more than half in the third quarter of the year, as a period of worsening social unrest crimped domestic consumption and dampened sentiment.Data from Real Capital Analytics, which tracks deals worth at least US$10 million, show that investment in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99402,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-commercial-property-and-housing-markets-face-slowdown-as-trade-war-souring-sentiment-bite\/","url_meta":{"origin":108817,"position":3},"title":"Hong Kong commercial property and housing markets face slowdown as trade war, souring sentiment bite","date":"October 9, 2018","format":false,"excerpt":"\r Hit by factors that include the escalating trade war between China and the United States, shop rents in Hong Kong\u2019s Central district could drop by up to 10 per cent this year, growth in overall office rents could ease further and home prices might drop by 40 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-landlord-wharf-says-perfect-storm-of-trade-war-anti-extradition-bill-protests-has-hurt-retail\/","url_meta":{"origin":108817,"position":4},"title":"Hong Kong mall landlord Wharf says \u2018perfect storm\u2019 of trade war, anti-extradition bill protests has hurt retail","date":"August 7, 2019","format":false,"excerpt":"\r A \u201cperfect storm\u201d created by the coming together of the US-China trade war and Hong Kong\u2019s anti-extradition bill protests has adversely affected retail sales at Times Square and Harbour City, two shopping centres owned by Wharf Real Estate Investment Company, it said on Tuesday.\u201cThis time, it is like a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worse-to-come-for-hong-kongs-hotel-retail-sectors-warns-sun-hung-kai-properties-as-profit-takes-a-pounding-from-coronavirus-protests\/","url_meta":{"origin":108817,"position":5},"title":"Worse to come for Hong Kong\u2019s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests","date":"February 27, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, the biggest Hong Kong developer by value, warned of a bleak outlook for the hospitality and retail sectors after its hotel business took a pounding in the second half of last year.The company\u2019s hotel operating profit plummeted by HK$595 million, or 75.1 per cent, to\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\/108817"}],"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=108817"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/108817\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=108817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=108817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=108817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}