{"id":111500,"date":"2019-10-11T07:15:12","date_gmt":"2019-10-11T00:15:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mall-owners-push-back-at-tenants-pleas-to-cut-rents-even-as-retail-sales-shrink-amid-unrelenting-protests\/"},"modified":"2019-10-11T08:11:53","modified_gmt":"2019-10-11T01:11:53","slug":"hong-kongs-mall-owners-push-back-at-tenants-pleas-to-cut-rents-even-as-retail-sales-shrink-amid-unrelenting-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mall-owners-push-back-at-tenants-pleas-to-cut-rents-even-as-retail-sales-shrink-amid-unrelenting-protests\/","title":{"rendered":"Hong Kong\u2019s mall owners push back at tenants\u2019 pleas to cut rents even as retail sales shrink amid unrelenting protests"},"content":{"rendered":"


\nHong Kong\u2019s leading mall owners are looking at various options to help struggling tenants amid the unrelenting protests, but most of them are reluctant to commit to rent cuts even after the city recorded its worst monthly sales in August.Although Sun Hung Kai Properties, Wharf (Holdings), Hysan Development, Swire Properties and CK Asset, which together own 40 shopping centres in the city, have come up with proposals, including increasing promotional activities to postponing rental payments,\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s mall owners push back at tenants\u2019 pleas to cut rents even as retail sales shrink amid unrelenting protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s leading mall owners are looking at various options to help struggling tenants amid...<\/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-111500","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-t0o","jetpack-related-posts":[{"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":111500,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-link-takes-rental-hits-amid-fight-to-retain-retail-tenants\/","url_meta":{"origin":111500,"position":1},"title":"Hong Kong\u2019s Link takes rental hits amid fight to retain retail tenants","date":"June 2, 2025","format":false,"excerpt":"\r Hong Kong-based Link Asset Management expects more tenants to negotiate lower rents in the near term as it prioritises keeping its properties occupied, according to top executives at the company that manages Link Reit, Asia\u2019s largest real estate investment trust. While Hong Kong continued to suffer a retail slump,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-of-hong-kongs-ginza-style-commercial-buildings-slash-rents-and-target-non-restaurant-tenants-amid-coronavirus-downturn\/","url_meta":{"origin":111500,"position":2},"title":"Landlords of Hong Kong\u2019s \u2018Ginza-style\u2019 commercial buildings slash rents and target non-restaurant tenants amid coronavirus downturn","date":"September 2, 2020","format":false,"excerpt":"\r Landlords of Hong Kong\u2019s \u201cGinza-style\u201d commercial buildings are slashing rents by up to 40 per cent and shifting their focus away from restaurants and bars to survive the dramatic downturn in the catering and retail sectors caused by the coronavirus pandemic.As rents of street-level shops and restaurants have tumbled,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-at-the-center-hong-kongs-most-expensive-office-tower-cut-by-5-per-cent-as-companies-defer-expansion-plans-amid-protests\/","url_meta":{"origin":111500,"position":3},"title":"Rents at The Center, Hong Kong\u2019s most expensive office tower, cut by 5 per cent as companies defer expansion plans amid protests","date":"August 28, 2019","format":false,"excerpt":"\r Some owners of individual floors at The Center have cut rents by 5 per cent for the first time since they took over Hong Kong\u2019s most expensive grade A office building, as anti-government protests have forced companies to hold back their expansion plans, according to agents.Rents at a number\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-sales-agencies-report-their-worst-financial-results-in-years-amid-triple-whammy-industry-slump\/","url_meta":{"origin":111500,"position":4},"title":"Hong Kong\u2019s property sales agencies report their worst financial results in years amid triple whammy industry slump","date":"March 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property agencies are reporting their worst financial results in years, as the coronavirus pandemic added to the woes of an industry that was already slumping from many months of anti-government protests and an unrelenting US-China trade war.Midland Holdings, the city\u2019s largest publicly listed network of sales agents,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":111500,"position":5},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\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\/111500"}],"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=111500"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}