{"id":115726,"date":"2020-04-19T17:15:10","date_gmt":"2020-04-19T10:15:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap\/"},"modified":"2020-04-19T18:22:15","modified_gmt":"2020-04-19T11:22:15","slug":"as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap\/","title":{"rendered":"As Hong Kong retail rents sink, new overseas retailers, mass-market brands eye expansion on the cheap"},"content":{"rendered":"


\nIt is a time for bargains for new overseas and mass-market retailers looking to expand in Hong Kong, following a sharp correction in retail rents, property consultants said.\u201cWe are in talks with more than three overseas retailers, who are interested in entering the Hong Kong market. They are aiming to open in the third and last quarter of this year, and want to capture the 2021 Lunar New Year shopping season, a traditional peak season for the retail industry,\u201d said Kevin Lam, executive director\u2026
\n
\nSource : South China Morning Post
\nRead more…As Hong Kong retail rents sink, new overseas retailers, mass-market brands eye expansion on the cheap<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It is a time for bargains for new overseas and mass-market retailers looking to expand...<\/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-115726","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-u6y","jetpack-related-posts":[{"id":60386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retailers-shrug-redraw-hong-kong-expansion-plans-as-rents-drop\/","url_meta":{"origin":115726,"position":0},"title":"Retailers shrug, redraw Hong Kong expansion plans as rents drop","date":"July 11, 2017","format":false,"excerpt":"\r Six out of 10 international and local retailers plan to open new stores in Hong Kong next year, after rents in core shopping districts have plunged 41.2 per cent from the market peak in 2014, according to a survey conducted by JLL. JLL said it had surveyed 50 international\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":115726,"position":1},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-retail-out-food-and-beverages-in-as-cheaper-rents-spark-change-in-character-to-hong-kongs-malls-and-streets\/","url_meta":{"origin":115726,"position":2},"title":"Luxury retail out, food and beverages in as cheaper rents spark change in character to Hong Kong\u2019s malls and streets","date":"June 21, 2016","format":false,"excerpt":"\r The character of Hong Kong streets and shopping malls is changing as more overseas food and beverage operators and retailers catering to local consumers move to the city to take advantage of sharp falls in rent, says Tom Gaffney, CBRE\u2019s managing director for Hong Kong, Ma\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-rents-help-mainland-chinese-retailers-snag-prime-spots-in-hong-kong\/","url_meta":{"origin":115726,"position":3},"title":"Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","date":"October 3, 2024","format":false,"excerpt":"\r The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.\r \r Source : South China Morning Post\r Read more...Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hot-property-big-banks-fashion-stores-seek-cheaper-eye-catching-hong-kong-retail\/","url_meta":{"origin":115726,"position":4},"title":"Hot property: Big banks, fashion stores seek \u2018cheaper\u2019, eye-catching Hong Kong retail","date":"August 31, 2026","format":false,"excerpt":"\r From big banks to fashion brands, tenants are taking advantage of potential lower rents for retail space in Hong Kong\u2019s prime areas as they utilise eye-catching locations to boost visibility towards customers, according to agents. HSBC is unveiling its first flagship branch at the Capitol Centre, which was previously\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-retailers-struggle-to-survive-hong-kongs-sky-high-rents-fierce-competition\/","url_meta":{"origin":115726,"position":5},"title":"Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","date":"June 24, 2024","format":false,"excerpt":"\r A tide of mainland Chinese retail brands expanding in Hong Kong appears to have ebbed, with several food and beverage chains ending their tenancies as their businesses come under pressure\r \r Source : South China Morning Post\r Read more...Mainland retailers struggle to survive Hong Kong\u2019s sky-high rents, fierce competition","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\/115726"}],"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=115726"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115726\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}