{"id":114051,"date":"2020-02-04T12:00:12","date_gmt":"2020-02-04T05:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-industry-to-overcome-challenges-posed-by-protests-coronavirus-with-value-added-services-strategies\/"},"modified":"2020-02-04T12:21:43","modified_gmt":"2020-02-04T05:21:43","slug":"hong-kongs-retail-industry-to-overcome-challenges-posed-by-protests-coronavirus-with-value-added-services-strategies","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-industry-to-overcome-challenges-posed-by-protests-coronavirus-with-value-added-services-strategies\/","title":{"rendered":"Hong Kong\u2019s retail industry to overcome challenges posed by protests, coronavirus with value-added services, strategies"},"content":{"rendered":"


\nThe temperature has dropped, and the retail sector is suffering from further headwinds in Hong Kong, the outbreak of novel coronavirus being its latest challenge. Store owners are finding ways to stay warm amid the current adverse climate, where visitor arrivals and overall consumption have deteriorated. But it is not enough to simply wait it out.Over the past few months, we have seen cases of local pharmacies, larger food and beverage outlets and fashion chains abandoning their leases\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s retail industry to overcome challenges posed by protests, coronavirus with value-added services, strategies<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The temperature has dropped, and the retail sector is suffering from further headwinds 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-114051","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-tFx","jetpack-related-posts":[{"id":114581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worse-to-come-for-hong-kongs-hotel-retail-sectors-warns-sun-hung-kai-properties-as-profit-takes-a-pounding-from-coronavirus-protests\/","url_meta":{"origin":114051,"position":0},"title":"Worse to come for Hong Kong\u2019s hotel, retail sectors, warns Sun Hung Kai Properties as profit takes a pounding from coronavirus, protests","date":"February 27, 2020","format":false,"excerpt":"\r Sun Hung Kai Properties, the biggest Hong Kong developer by value, warned of a bleak outlook for the hospitality and retail sectors after its hotel business took a pounding in the second half of last year.The company\u2019s hotel operating profit plummeted by HK$595 million, or 75.1 per cent, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-sells-hk3-billion-stakes-in-two-shopping-malls-to-mtr-as-hong-kongs-retail-sector-reels-from-protests-coronavirus\/","url_meta":{"origin":114051,"position":1},"title":"New World Development sells HK$3 billion stakes in two shopping malls to MTR as Hong Kong\u2019s retail sector reels from protests, coronavirus","date":"February 26, 2020","format":false,"excerpt":"\r New World Development has sold its interest in two Hong Kong shopping malls to MTR Corporation, the city\u2019s sole rail operator, for HK$3 billion (US$385 million) as the local retail sector slips into a deep slump.The developer said the sale of the \u201cnon-core\u201d assets, a 50 per cent stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114573,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-plummet-as-coronavirus-drags-hong-kongs-commercial-property-transactions-to-an-all-time-low\/","url_meta":{"origin":114051,"position":2},"title":"Office rents plummet as coronavirus drags Hong Kong\u2019s commercial property transactions to an all-time low","date":"February 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial property market, already reeling from last year\u2019s protests, is about to slide further into the doldrums as the coronavirus epidemic saps demand, according to analysts.The volume of transactions for office, retail and industrial properties is poised for a historic low in February, having already sunk to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114049,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-coronavirus-outbreak-knock-hong-kong-retail-and-office-markets-the-worlds-priciest-off-the-perch\/","url_meta":{"origin":114051,"position":3},"title":"Can coronavirus outbreak knock Hong Kong retail and office markets, the world\u2019s priciest, off the perch?","date":"February 4, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office and retail space rents, the world\u2019s priciest, have slipped under the weight of US-China trade war and anti-government protests for most of the past year. Can the fallout from a prolonged coronavirus outbreak knock them off the perch?The viral outbreak has taken its toll even before\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-hong-kong-retail-property-goes-up-for-sale-as-long-term-investors-look-to-cut-their-losses\/","url_meta":{"origin":114051,"position":4},"title":"Prime Hong Kong retail property goes up for sale, as long-term investors look to cut their losses","date":"May 6, 2020","format":false,"excerpt":"\r For the first time in more than a decade, prime commercial real estate is coming on Hong Kong\u2019s market, with an entire building block offered for sale in the world\u2019s most expensive retail district as long-term property investors anticipate a further decline in the city\u2019s commercial property sector.Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-coronavirus-wave-pushes-back-recovery-of-hong-kongs-struggling-retail-property-sector-to-mid-2021\/","url_meta":{"origin":114051,"position":5},"title":"Third coronavirus wave pushes back recovery of Hong Kong\u2019s struggling retail property sector to mid-2021","date":"July 15, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail property market will only start to recover in the second half of next year as a third wave of Covid-19 infections forces businesses to rethink their expansion plans.The government reintroduced social distancing rules on Monday following a sudden surge in coronavirus infections. Cinemas and other venues\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\/114051"}],"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=114051"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114051\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}