{"id":114249,"date":"2020-02-13T13:40:22","date_gmt":"2020-02-13T06:40:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-cuts-rents-by-up-to-60-per-cent-as-hong-kong-issues-sos-to-support-businesses-protect-jobs\/"},"modified":"2020-02-13T14:11:18","modified_gmt":"2020-02-13T07:11:18","slug":"henderson-land-cuts-rents-by-up-to-60-per-cent-as-hong-kong-issues-sos-to-support-businesses-protect-jobs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-cuts-rents-by-up-to-60-per-cent-as-hong-kong-issues-sos-to-support-businesses-protect-jobs\/","title":{"rendered":"Henderson Land cuts rents by up to 60 per cent as Hong Kong issues SOS to support businesses, protect jobs"},"content":{"rendered":"


\nHenderson Land Development, run by Hong Kong\u2019s richest tycoon, is reducing rents for its tenants by as much as 60 per cent, joining its peers easing the strain on local businesses hit by the coronavirus outbreak.The developer, which owns retail space in more than 20 shopping malls across the city including IFC Mall in Central, will lower base rents for retailers, caterers and education institutions in its locations by 20 per cent to 60 per cent this month, it said in a statement on Thursday\u2026
\n
\nSource : South China Morning Post
\nRead more…Henderson Land cuts rents by up to 60 per cent as Hong Kong issues SOS to support businesses, protect jobs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Henderson Land Development, run by Hong Kong\u2019s richest tycoon, is reducing rents for its tenants...<\/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-114249","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-tIJ","jetpack-related-posts":[{"id":111046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-issue-sos-as-plunging-rates-touch-us9-a-night-and-occupancy-hits-20-per-cent-amid-protests\/","url_meta":{"origin":114249,"position":0},"title":"Hong Kong hoteliers issue SOS as plunging rates touch US$9 a night and occupancy hits 20 per cent amid protests","date":"September 25, 2019","format":false,"excerpt":"\r Hong Kong hotel operators have called on the government to waive rents and even allow properties to offer empty rooms on long-term leases, or for sale, as a way of survival amid a steep decline in occupancy and rates brought on by 16 weeks of protests in the city.At\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-rents-expected-to-decline-30-per-cent-this-year-as-work-from-home-becomes-more-common-in-mid-to-long-term\/","url_meta":{"origin":114249,"position":1},"title":"Hong Kong office rents expected to decline 30 per cent this year, as work from home becomes more common in mid to long term","date":"September 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office leasing market faces a new low this year, with rents declining by as much as 30 per cent, as companies assess their need for space and adopt work from home arrangements because of the coronavirus pandemic, analysts said.Office rents in the city\u2019s Central business district fell\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub\/","url_meta":{"origin":114249,"position":2},"title":"Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?","date":"April 6, 2021","format":false,"excerpt":"\r Singapore\u2019s office rents have a long way to go before matching Hong Kong\u2019s, even after half a dozen of mainland China\u2019s largest technology behemoths piled into the city state in recent months to set up their regional hubs, analysts said.The average monthly rent for Singapore\u2019s grade A office space\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-prices-of-hong-kong-shops-in-core-shopping-districts-could-sink-80-per-cent-in-next-two-to-three-years-property-agency-says\/","url_meta":{"origin":114249,"position":3},"title":"Rents, prices of Hong Kong shops in core shopping districts could sink 80 per cent in next two to three years, property agency says","date":"March 4, 2020","format":false,"excerpt":"\r The rents and prices of shops in Hong Kong\u2019s core shopping districts could plunge to 2006 levels \u2013 a decline of 40 per cent \u2013 by the end of this year, Midland IC&I, an agency that has tracked shop vacancies since 2016, said on Tuesday.Rents and prices could even\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-on-office-market-as-available-space-in-central-rises-to-14-year-high-rents-fall-3-2-per-cent\/","url_meta":{"origin":114249,"position":4},"title":"Hong Kong protests weigh on office market as available space in Central rises to 14-year high, rents fall 3.2 per cent","date":"October 4, 2019","format":false,"excerpt":"\r The outlook for Hong Kong\u2019s property market is bleak after rents for grade A office space in Central \u201csoftened significantly\u201d and availability climbed to a 14-year high in the third quarter.Cushman & Wakefield said on Thursday that tenants generally held off committing to relocations or expansions in the quarter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-rents-jump-8-6-to-top-knight-franks-global-list\/","url_meta":{"origin":114249,"position":5},"title":"Hong Kong luxury rents jump 8.6% to top Knight Frank\u2019s global list","date":"August 22, 2025","format":false,"excerpt":"\r Hong Kong\u2019s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an influx of high-net-worth individuals through the capital investment scheme. A survey tracking 16 cities worldwide showed upscale residential rents climbed 8.6 per cent in the April to June period\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\/114249"}],"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=114249"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114249\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}