{"id":117308,"date":"2020-06-24T06:00:22","date_gmt":"2020-06-23T23:00:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/emperor-biggest-landlord-on-hong-kongs-russell-street-worlds-most-expensive-shopping-avenue-reports-us464-5-million-loss\/"},"modified":"2020-06-24T08:07:07","modified_gmt":"2020-06-24T01:07:07","slug":"emperor-biggest-landlord-on-hong-kongs-russell-street-worlds-most-expensive-shopping-avenue-reports-us464-5-million-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emperor-biggest-landlord-on-hong-kongs-russell-street-worlds-most-expensive-shopping-avenue-reports-us464-5-million-loss\/","title":{"rendered":"Emperor, biggest landlord on Hong Kong\u2019s Russell Street, world\u2019s most expensive shopping avenue, reports US$464.5 million loss"},"content":{"rendered":"


\nEmperor International Holdings, the biggest landlord on Hong Kong\u2019s Russell Street, the world\u2019s most expensive shopping avenue last year, reported a net loss of HK$3.6 billion (US$464.5 million) for the 2019-2020 financial year on Tuesday.The company, the property arm of Albert Yeung Sau-shing’s privately run Emperor Group, reported the loss in a filing to the Hong Kong stock exchange late on Tuesday.Emperor said the loss, its first since 2016, could be attributed mainly to a revaluation loss\u2026
\n
\nSource : South China Morning Post
\nRead more…Emperor, biggest landlord on Hong Kong\u2019s Russell Street, world\u2019s most expensive shopping avenue, reports US4.5 million loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Emperor International Holdings, the biggest landlord on Hong Kong\u2019s Russell Street, the world\u2019s most expensive...<\/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-117308","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-uw4","jetpack-related-posts":[{"id":110649,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-prada-out-can-hong-kongs-russell-street-outshine-fifth-avenue-or-champs-elysees-as-the-worlds-costliest-retail-strip\/","url_meta":{"origin":117308,"position":0},"title":"With Prada out, can Hong Kong\u2019s Russell Street outshine Fifth Avenue or Champs-\u00c9lys\u00e9es as the world\u2019s costliest retail strip?","date":"September 11, 2019","format":false,"excerpt":"\r Landlords in Hong Kong\u2019s Russell Street, the most expensive shopping address on the planet, are likely to slash rents after fashion house Prada declared it would not renew the lease on its flagship store next year, according to market observers.Prada\u2019s landlord has offered to cut the rent for its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/burberry-joins-prada-la-perla-in-exiting-hong-kongs-russell-street-once-the-worlds-most-expensive-retail-rental-strip\/","url_meta":{"origin":117308,"position":1},"title":"Burberry joins Prada, La Perla in exiting Hong Kong\u2019s Russell Street, once the world\u2019s most expensive retail rental strip","date":"November 23, 2021","format":false,"excerpt":"\r British luxury fashion house Burberry will shut its flagship store on Hong Kong\u2019s Russell Street, once the world\u2019s most expensive shopping strip, after a 10-year lease expires early next year, according to sources.The iconic brand, known for its trademark check pattern, has maintained a presence in the Causeway Bay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-the-most-expensive-on-the-planet-will-only-go-up-even-amid-exodus-says-districts-biggest-landlord\/","url_meta":{"origin":117308,"position":2},"title":"Office rents in Hong Kong\u2019s Central, the most expensive on the planet, will only go up even amid exodus, says district\u2019s biggest landlord","date":"October 2, 2018","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Central district, already the planet\u2019s most expensive, are likely to remain sky high even as more firms are moving out of the city centre in search of cheaper accommodation. That\u2019s according to Raymond Chow, executive director for commercial property at Hongkong Land, Central\u2019s largest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131767,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-tsim-sha-tsui-dethroned-as-worlds-most-expensive-shopping-district-falls-behind-new-yorks-fifth-avenue\/","url_meta":{"origin":117308,"position":3},"title":"Hong Kong\u2019s Tsim Sha Tsui dethroned as world\u2019s most expensive shopping district, falls behind New York\u2019s Fifth Avenue","date":"November 23, 2022","format":false,"excerpt":"\r New York\u2019s upper Fifth Avenue displaces Tsim Sha Tsui on Cushman & Wakefield\u2019s first top 10 ranking since 2019, as rents tumble amid an economic slowdown and lack of international visitors.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Tsim Sha Tsui dethroned as world\u2019s most expensive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-coronavirus-see-prada-tissot-make-way-for-cheap-phone-store-on-worlds-most-expensive-shopping-street\/","url_meta":{"origin":117308,"position":4},"title":"Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world\u2019s most expensive shopping street","date":"June 17, 2020","format":false,"excerpt":"\r For years it was the world\u2019s most expensive shopping street, overshadowing anything Paris or London had to offer, its pavements brimming with shoppers hunting for Prada bags, Chanel perfumes and Blancpain watches.But Russell Street, in Hong Kong\u2019s bustling Causeway Bay, has lost its lustre \u2013 and a lot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/link-reit-may-sell-20-hong-kong-shopping-malls-to-take-advantage-of-record-property-prices\/","url_meta":{"origin":117308,"position":5},"title":"Link REIT may sell 20 Hong Kong shopping malls to take advantage of record property prices","date":"July 26, 2017","format":false,"excerpt":"\r Link REIT, Hong Kong\u2019s first real estate investment trust, is considering a plan to sell more than 20 retail shopping centres around the city, the latest landlord to put its property portfolio on the market, after a crucial land sale in May established a new benchmark for commercial prices\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\/117308"}],"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=117308"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117308\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}