{"id":111608,"date":"2019-10-15T20:08:05","date_gmt":"2019-10-15T13:08:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-offers-relief-for-struggling-retailers-plans-to-waive-rents-on-days-shopping-centres-are-closed-due-to-protests\/"},"modified":"2019-10-15T20:23:15","modified_gmt":"2019-10-15T13:23:15","slug":"sun-hung-kai-offers-relief-for-struggling-retailers-plans-to-waive-rents-on-days-shopping-centres-are-closed-due-to-protests","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-offers-relief-for-struggling-retailers-plans-to-waive-rents-on-days-shopping-centres-are-closed-due-to-protests\/","title":{"rendered":"Sun Hung Kai offers relief for struggling retailers, plans to waive rents on days shopping centres are closed due to protests"},"content":{"rendered":"


\nSun Hung Kai Properties, which owns 12 million sq ft of retail space in Hong Kong, said it will waive rents and other expenses on days its shopping centres remain closed because of the protests.Hong Kong\u2019s largest developer by market value has had to close some of its shopping centres for days, especially on weekends because of the protests, as rampaging mobs damaged public and private property.\u201cAlthough this was meant to protect the safety of customers, businesses and staff, SHKP decided to\u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai offers relief for struggling retailers, plans to waive rents on days shopping centres are closed due to protests<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties, which owns 12 million sq ft of retail space in 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-111608","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-t28","jetpack-related-posts":[{"id":97518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-centres-are-thirsty-for-bubble-tea-shops-which-pay-high-rents\/","url_meta":{"origin":111608,"position":0},"title":"Shopping centres are thirsty for bubble tea shops \u2014 which pay high rents","date":"September 9, 2018","format":false,"excerpt":"\r Retailers selling yogurt, Japanese ice cream or cheesecake treats once were the major driver of leasing demand for tiny shops in prime locations. Now it\u2019s bubble tea\u2019s turn. The explosive expansion of Taiwanese bubble tea shops has outpaced any of the earlier waves of retailers selling drinks and snack\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111500,"url":"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\/","url_meta":{"origin":111608,"position":1},"title":"Hong Kong\u2019s mall owners push back at tenants\u2019 pleas to cut rents even as retail sales shrink amid unrelenting protests","date":"October 11, 2019","format":false,"excerpt":"\r Hong 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124699,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-sun-hung-kai-properties-hysan-post-declining-profits-say-more-challenges-ahead\/","url_meta":{"origin":111608,"position":2},"title":"Hong Kong developers Sun Hung Kai Properties, Hysan post declining profits, say more challenges ahead","date":"February 24, 2022","format":false,"excerpt":"\r Two of Hong Kong\u2019s biggest property developers and retail landlords have posted declining results and foresee more challenges ahead, as the city\u2019s social distancing rules keep consumers away from shopping centres.Sun Hung Kai Properties (SHKP), which owns neighbourhood shopping centres New Town Plaza and Yoho Mall in Sha Tin\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-rents-on-the-rise-as-good-sales-prospects-draw-retailers\/","url_meta":{"origin":111608,"position":3},"title":"Hong Kong shopping centre rents on the rise as good sales prospects draw retailers","date":"November 15, 2017","format":false,"excerpt":"\r Rents at some Hong Kong shopping centres have climbed to as high as HK$1,000 (US$128) per square foot as improving sales at the city\u2019s malls increase their attraction as a location for retailers. In a stark contrast to the rising number of empty street-level shops in the city\u2019s main\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kais-hotel-shopping-mall-businesses-take-a-drubbing-as-tourist-numbers-plunge-amid-hong-kong-protests\/","url_meta":{"origin":111608,"position":4},"title":"Sun Hung Kai\u2019s hotel, shopping mall businesses take a drubbing as tourist numbers plunge amid Hong Kong protests","date":"September 13, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, the largest developer by value in the world\u2019s least affordable housing market, said its hotel and shopping centre businesses have been hit hard by the protests that are shaking Hong Kong to its core and deterring visitors.Occupancy rates at the company\u2019s hotels have plunged on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61072,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-sun-hung-kai-laughing-all-the-way-to-the-bank-in-worlds-priciest-apartment-market\/","url_meta":{"origin":111608,"position":5},"title":"Cheung Kong, Sun Hung Kai laughing all the way to the bank in world\u2019s priciest apartment market","date":"July 18, 2017","format":false,"excerpt":"\r Hong Kong\u2019s residential property prices, which are the highest among the world\u2019s major urban centres, have turned the city\u2019s two biggest developers into winners, helping them beat their 12-month sales targets half way through the year. Cheung Kong Property Holdings, the flagship developer of Hong Kong\u2019s wealthiest man Li\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\/111608"}],"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=111608"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111608\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}