{"id":116063,"date":"2020-05-05T06:30:14","date_gmt":"2020-05-04T23:30:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-a-first-hong-kong-health-care-firm-allots-shares-to-landlord-to-offset-rent-amid-coronavirus-ravaged-economy\/"},"modified":"2020-05-05T07:16:34","modified_gmt":"2020-05-05T00:16:34","slug":"in-a-first-hong-kong-health-care-firm-allots-shares-to-landlord-to-offset-rent-amid-coronavirus-ravaged-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-a-first-hong-kong-health-care-firm-allots-shares-to-landlord-to-offset-rent-amid-coronavirus-ravaged-economy\/","title":{"rendered":"In a first, Hong Kong health care firm allots shares to landlord to offset rent amid coronavirus ravaged economy"},"content":{"rendered":"


\nHong Kong-based Union Medical Healthcare has found a unique way of meeting its rent obligation amid an economy ravaged by the coronavirus pandemic.In a first, the company, which provides medical and health care services through 56 clinics and service centres in Hong Kong, Macau and mainland China, has allotted about 8 million shares, or 0.8 per cent of its enlarged share capital, to Champion Reit, its landlord at Langham Place in Hong Kong\u2019s Mong Kok district. The share allotment is meant to\u2026
\n
\nSource : South China Morning Post
\nRead more…In a first, Hong Kong health care firm allots shares to landlord to offset rent amid coronavirus ravaged economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-based Union Medical Healthcare has found a unique way of meeting its rent obligation...<\/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-116063","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-ubZ","jetpack-related-posts":[{"id":116243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-in-central-hong-kong-slash-rents-by-more-than-a-third-as-vacancy-climbs-to-six-year-high-amid-economy-crushed-by-coronavirus\/","url_meta":{"origin":116063,"position":0},"title":"Landlords in Central, Hong Kong slash rents by more than a third as vacancy climbs to six-year high amid economy crushed by coronavirus","date":"May 12, 2020","format":false,"excerpt":"\r Hong Kong\u2019s major landlords of premium office space in Central are cutting rents by more than a third \u2013 returning them to 2017 levels \u2013 as the sharp economic contraction caused by the coronavirus forces corporate tenants either to downsize or move somewhere cheaper.The vacancy rate in Central, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-landlord-chinachem-cuts-base-rent-close-to-zero-for-some-tenants-in-tsim-sha-tsui-wants-to-walk-them-through-this-tough-period\/","url_meta":{"origin":116063,"position":1},"title":"Hong Kong retail landlord Chinachem cuts base rent close to zero for some tenants in Tsim Sha Tsui, wants to \u2018walk them through this tough period\u2019","date":"May 15, 2020","format":false,"excerpt":"\r Chinachem Group is charging close to zero base rents as part of relief measures offered to some of its tenants in its Tsim Sha Tsui shopping centres since March.Donald Choi, the Hong Kong retail landlord\u2019s chief executive, said in an interview on the sidelines of the China Conference, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-malls-landlord-link-reit-is-discussing-rent-relief-with-tenants-at-10-protest-hit-shopping-centres-company-says\/","url_meta":{"origin":116063,"position":2},"title":"Hong Kong malls landlord Link Reit is discussing rent relief with tenants at 10 protest-hit shopping centres, company says","date":"November 13, 2019","format":false,"excerpt":"\r Link Reit, Asia\u2019s largest real-estate investment trust, is discussing rent relief with tenants at 10 of its malls in Hong Kong, it said during the announcement of its interim results on Wednesday. The city\u2019s ongoing anti-government protests have disrupted transport and forced many shops to close early or stay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/squeezed-by-trade-war-chinese-co-working-firm-atlas-pivots-to-greater-bay-area-offers-rent-free-periods-to-hong-kong-businesses\/","url_meta":{"origin":116063,"position":3},"title":"Squeezed by trade war, Chinese co-working firm Atlas pivots to \u2018Greater Bay Area\u2019, offers rent-free periods to Hong Kong businesses","date":"June 11, 2019","format":false,"excerpt":"\r Guangzhou-based co-working space provider Atlas wants Hong Kong companies to set up shop in a three-storey facility it is opening in Shenzhen\u2019s Futian business district in July \u2013 and is offering a three-month rent-free periods as well as discounts to sweeten the deal.Founded by Ron Chen Sze Long, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-retail-landlord-offers-to-cut-rent-by-44-per-cent-as-prada-closes-flagship-store-next-year-amid-dwindling-foot-traffic\/","url_meta":{"origin":116063,"position":4},"title":"Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic","date":"August 19, 2019","format":false,"excerpt":"\r The landlord of Prada\u2019s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent next year when the Italian fashion house shuts its flagship outlet on Hong Kong Island, succumbing to dwindling shoppers\u2019 foot traffic.The Milanese company will close its 15,000-square foot (1,393 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-coronavirus-shops-change-hands-at-a-faster-pace-as-owners-bet-on-a-retail-sales-revival-amid-tapering-covid-19\/","url_meta":{"origin":116063,"position":5},"title":"Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19","date":"July 3, 2021","format":false,"excerpt":"\r Hong Kong\u2019s improving economy and a rebound in retail sales is spurring investors to bet on shops, as they expect the real estate segment to be among the first to benefit from the rising domestic consumption.The optimism has seen some early investors, including one mainland-backed company, make some big-ticket\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\/116063"}],"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=116063"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116063\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}