{"id":113385,"date":"2020-01-03T19:30:10","date_gmt":"2020-01-03T12:30:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-paid-an-estimated-hk5-million-in-monthly-rent-at-times-square-before-its-decision-to-shut-its-boutique\/"},"modified":"2020-01-03T20:09:24","modified_gmt":"2020-01-03T13:09:24","slug":"louis-vuitton-paid-an-estimated-hk5-million-in-monthly-rent-at-times-square-before-its-decision-to-shut-its-boutique","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/louis-vuitton-paid-an-estimated-hk5-million-in-monthly-rent-at-times-square-before-its-decision-to-shut-its-boutique\/","title":{"rendered":"Louis Vuitton paid an estimated HK$5 million in monthly rent at Times Square before its decision to shut its boutique"},"content":{"rendered":"


\nLouis Vuitton, the century-old French retailer at the top of the LVMH Moet Hennessy conglomerate of luxury brands, was paying an estimated HK$5 million (US$642,000) in monthly rent at its Times Square branch before deciding to close its outlet in the world\u2019s most expensive main street, according to industry consultants.The retailer of luxury bags and clothing, best known for its signature LV monogram, occupies 10,000 square feet (929 square metres) on the second floor of the nine-storey Times\u2026
\n
\nSource : South China Morning Post
\nRead more…Louis Vuitton paid an estimated HK million in monthly rent at Times Square before its decision to shut its boutique<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Louis Vuitton, the century-old French retailer at the top of the LVMH Moet Hennessy conglomerate...<\/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-113385","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-tuN","jetpack-related-posts":[{"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":113385,"position":0},"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":[]},{"id":143909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-retail-gets-a-boost-as-louis-vuitton-returns-to-times-square-in-causeway-bay-after-3-year-gap\/","url_meta":{"origin":113385,"position":1},"title":"Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to Times Square in Causeway Bay after 3-year gap","date":"April 29, 2024","format":false,"excerpt":"\r Louis Vuitton is returning to Times Square, three years after the French luxury brand shut its store, a sign of a brighter outlook for Hong Kong\u2019s luxury retail market.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-expands-its-hong-kong-headquarters-at-two-ifc-for-hk2-76-million-a-month\/","url_meta":{"origin":113385,"position":2},"title":"HNA Group expands its Hong Kong headquarters at Two IFC for HK$2.76 million a month","date":"January 13, 2017","format":false,"excerpt":"\r HNA Group, a Chinese conglomerate that owns hotels, golf courses and Hainan Airlines, expanded its Hong Kong headquarters before embarking on its land acquisition spree in the city. The group in October leased another 15,776 square feet of office space on the 37th floor of Two International Finance Centre\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-may-face-hk200-million-in-vacancy-tax-charges-for-units-at-victoria-harbour\/","url_meta":{"origin":113385,"position":3},"title":"SHKP may face HK$200 million in vacancy tax charges for units at Victoria Harbour","date":"August 9, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties could face HK$200 million (US$25.48 million) in charges on empty units at its recently completed luxury residential development in North Point, after it was revealed the company is seeking a record monthly rent of HK$100 per square foot in Hong Kong East. The developer is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taiwanese-actress-crashes-rents-in-mid-levels-is-hong-kongs-luxury-property-set-for-a-historic-rout\/","url_meta":{"origin":113385,"position":4},"title":"Taiwanese actress crashes rents in Mid-Levels. Is Hong Kong\u2019s luxury property set for a historic rout?","date":"June 24, 2020","format":false,"excerpt":"\r Is Hong Kong\u2019s luxury residential market set for a historic rout in the months ahead?Last week, a 5,630 sq ft duplex unit on the 50th and 51st floor of Arezzo development at 33 Seymour Road in Mid-Levels was leased for a monthly rent of HK$100,000, according to the city\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us600000-monthly-office-rent-is-a-breeze-for-a-digital-currency-exchange\/","url_meta":{"origin":113385,"position":5},"title":"US$600,000 monthly office rent is a breeze for a digital currency exchange","date":"August 22, 2018","format":false,"excerpt":"\r BitMEX, a trading platform for bitcoin and other cryptocurrencies, has rented the entire 45th floor of the Cheung Kong Center for HK$225 per square foot per month, making it the most expensive office in Hong Kong. The cryptocurrency firm will take nearly 20,000 square feet in Li Ka-shing\u2019s skyscraper\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\/113385"}],"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=113385"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113385\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}