{"id":110971,"date":"2019-09-21T08:45:08","date_gmt":"2019-09-21T01:45:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-becomes-first-hong-kong-developer-to-offer-relief-lowers-rents-temporarily-at-pacific-place-in-protest-hit-admiralty\/"},"modified":"2019-09-21T10:06:24","modified_gmt":"2019-09-21T03:06:24","slug":"swire-becomes-first-hong-kong-developer-to-offer-relief-lowers-rents-temporarily-at-pacific-place-in-protest-hit-admiralty","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-becomes-first-hong-kong-developer-to-offer-relief-lowers-rents-temporarily-at-pacific-place-in-protest-hit-admiralty\/","title":{"rendered":"Swire becomes first Hong Kong developer to offer relief, lowers rents temporarily at Pacific Place in protest-hit Admiralty"},"content":{"rendered":"<p>&#013;<br \/>\nSwire Properties said on Friday it would offer \u201ctemporary rental adjustments\u201d to tenants at Pacific Place, its flagship shopping centre in the protest-hit district of Admiralty, becoming the city\u2019s first developer to cut rents.Some shops at Pacific Place, home to international luxury brands such as Louis Vuitton, Chanel and Cartier, had to shut down early during weekends after protesters gathered in the area to demonstrate against the now-withdrawn extradition bill.\u201cWe can confirm that Pacific\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3029757\/swire-becomes-first-hong-kong-developer-offer-relief-lowers-rents\" target=\"_blank\">Swire becomes first Hong Kong developer to offer relief, lowers rents temporarily at Pacific Place in protest-hit Admiralty<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Swire Properties said on Friday it would offer \u201ctemporary rental adjustments\u201d to tenants at Pacific&#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-110971","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-sRR","jetpack-related-posts":[{"id":164350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/credit-agricole-renews-pacific-place-lease-reaffirming-commitment-to-hong-kong\/","url_meta":{"origin":110971,"position":0},"title":"Credit Agricole renews Pacific Place lease, reaffirming commitment to Hong Kong","date":"November 10, 2025","format":false,"excerpt":"\r Credit Agricole CIB has renewed its lease for 85,000 sq ft of prime office space at Pacific Place in Admiralty, extending its tenancy until 2034, according to landlord Swire Properties. The renewal would continue a partnership spanning more than two decades, Swire Properties, one of Hong Kong\u2019s largest commercial\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87099,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-first-quarter-malls-sales-post-increases-as-tourists-returned-to-hong-kong\/","url_meta":{"origin":110971,"position":1},"title":"Swire Properties\u2019 first-quarter malls sales post increases as tourists returned to Hong Kong","date":"May 4, 2018","format":false,"excerpt":"\r Swire Properties said retail sales at the shopping malls under its management gained in the first three months of the year, as increasing tourist arrivals spilled over to higher shopping bills. First-quarter retail sales jumped by 25.9 per cent at The Mall at Pacific Place in Admiralty, rising 11.7\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-earnings-show-hong-kongs-prime-commercial-districts-outpacing-others-in-recovery\/","url_meta":{"origin":110971,"position":2},"title":"Swire earnings show Hong Kong\u2019s prime commercial districts outpacing others in recovery","date":"August 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s commercial property recovery is increasingly becoming a story of location, with the fortunes of the city\u2019s biggest landlords diverging depending on the districts where they own office space. Swire Properties\u2019 first-half results on Thursday captured that shift. The developer owns office towers in both Admiralty, next to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swires-q3-retail-mall-sales-improve-as-new-outlets-activities-attract-shoppers\/","url_meta":{"origin":110971,"position":3},"title":"Swire\u2019s Q3 retail mall sales improve as new outlets, activities attract shoppers","date":"November 11, 2016","format":false,"excerpt":"\r 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-coca-cola-to-cathay-pacific-swire-pacifics-five-major-businesses-in-hong-kong\/","url_meta":{"origin":110971,"position":4},"title":"From Coca-Cola to Cathay Pacific, Swire Pacific\u2019s five major businesses in Hong Kong","date":"February 9, 2018","format":false,"excerpt":"\r From daily items such as a bottle of Coca-Cola and a packet of sugar, to high-rise shopping malls in Hong Kong\u2019s prime central areas, one would find it almost impossible to escape the influence of this Hong Kong conglomerate whose sprawling business empire spans five sectors. Butterfield and Swire,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-wharf-results-dragged-down-by-hong-kong-china-property-markets\/","url_meta":{"origin":110971,"position":5},"title":"Swire Pacific, Wharf results dragged down by Hong Kong, China property markets","date":"August 8, 2024","format":false,"excerpt":"\r Subdued office rentals hit Swire Properties, while sluggish residential sales do the most damage to Wharf.\r \r Source : South China Morning Post\r Read more...Swire Pacific, Wharf results dragged down by Hong Kong, China property markets","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\/110971"}],"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=110971"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110971\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}