{"id":109696,"date":"2019-08-07T05:00:19","date_gmt":"2019-08-06T22:00:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-landlord-wharf-says-perfect-storm-of-trade-war-anti-extradition-bill-protests-has-hurt-retail\/"},"modified":"2019-08-07T06:08:42","modified_gmt":"2019-08-06T23:08:42","slug":"hong-kong-mall-landlord-wharf-says-perfect-storm-of-trade-war-anti-extradition-bill-protests-has-hurt-retail","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong mall landlord Wharf says \u2018perfect storm\u2019 of trade war, anti-extradition bill protests has hurt retail"},"content":{"rendered":"


\nA \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 perfect storm. External factors and internal factors are all erupting at the same time,\u201d Stephen Ng, its chairman and managing director, said during a results briefing in the city.\u201cIn July and\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong mall landlord Wharf says \u2018perfect storm\u2019 of trade war, anti-extradition bill protests has hurt retail<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A \u201cperfect storm\u201d created by the coming together of the US-China trade war and Hong...<\/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-109696","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-sxi","jetpack-related-posts":[{"id":108817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-for-hong-kong-retail-rents-bleak-as-trade-war-and-protests-dampen-sales\/","url_meta":{"origin":109696,"position":0},"title":"Outlook for Hong Kong retail rents bleak as trade war and protests dampen sales","date":"July 9, 2019","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104697,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/harbour-city-landlord-wharf-reic-says-fate-of-hong-kongs-retail-market-depends-on-outcome-of-trade-war\/","url_meta":{"origin":109696,"position":1},"title":"Harbour City landlord Wharf REIC says fate of Hong Kong\u2019s retail market depends on outcome of trade war","date":"March 5, 2019","format":false,"excerpt":"\r Wharf Real Estate Investment (REIC), the owner of Harbour City and Times Square shopping malls, said it plans to continue reducing its mainland property investments after registering a modest 6 per cent growth in underlying profit to HK$10.05 billion (US$1.28 billion) last year.\u201cWe sold some homes in the mainland\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-landlord-wharf-reic-reports-10-per-cent-increase-in-first-half-revenue-rues-absence-of-tourists\/","url_meta":{"origin":109696,"position":2},"title":"Hong Kong shopping centre landlord Wharf Reic reports 10 per cent increase in first-half revenue, rues absence of tourists","date":"August 6, 2021","format":false,"excerpt":"\r Although retail sales might have bottomed out in Hong Kong, rental incomes will remain under tremendous pressure until border controls are relaxed, according to Wharf Real Estate Investment Company (Reic), the owner of shopping centres Harbour City and Times Square.Vacancies and weaker market rents continued to depress rental incomes,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-mall-owners-take-a-drubbing-in-the-stock-market-as-hong-kong-protests-damage-confidence-in-retail-sector\/","url_meta":{"origin":109696,"position":3},"title":"Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector","date":"July 24, 2019","format":false,"excerpt":"\r Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city\u2019s retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic\u2019s share prices have declined the most since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/protest-against-controversial-extradition-bill-casts-shadow-on-hong-kongs-largest-property-sales-since-early-may\/","url_meta":{"origin":109696,"position":4},"title":"Protest against controversial extradition bill casts shadow on Hong Kong\u2019s largest property sales since early May","date":"June 16, 2019","format":false,"excerpt":"\r Property sales were disappointing on Sunday in Hong Kong\u2019s biggest offering since early May, as buyers stayed away amid huge protests in the city against a proposed extradition bill, and ongoing concerns over the US-China trade war.Not only is Hong Kong sitting in the middle of a worsening US-China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-plans-to-close-hong-kong-luxury-store-hit-by-protests-shopping-mall-apparently-refused-a-rent-cut\/","url_meta":{"origin":109696,"position":5},"title":"Louis Vuitton plans to close Hong Kong luxury store hit by protests; shopping mall apparently refused a rent cut","date":"January 3, 2020","format":false,"excerpt":"\r Louis Vuitton, the world\u2019s top luxury brand, is the first label to respond to the impact of the anti-government protests that have gripped Hong Kong for the past seven months by closing one of its stores in the city.According to sources familiar with the matter, the brand, which is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109696"}],"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=109696"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109696\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}