{"id":118323,"date":"2020-08-21T18:33:38","date_gmt":"2020-08-21T11:33:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/"},"modified":"2020-08-21T19:03:47","modified_gmt":"2020-08-21T12:03:47","slug":"hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","title":{"rendered":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens"},"content":{"rendered":"


\nThe months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for the worse, as a third wave of coronavirus outbreak amid the city\u2019s worst recession crimped retail sales, pushing many businesses to the brink of bankruptcy.Harbour City, one of Hong Kong\u2019s best-known luxury shopping centres and a favourite for mainland China\u2019s shopping tourists, last week sealed off the stores of clothing retailers G2000 and Anagram in a dispute between the owners and the\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for...<\/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-118323","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-uMr","jetpack-related-posts":[{"id":162515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-sales-recover-can-landlords-follow-with-higher-shop-rents\/","url_meta":{"origin":118323,"position":0},"title":"As Hong Kong retail sales recover, can landlords follow with higher shop rents?","date":"October 12, 2025","format":false,"excerpt":"\r Ever since Hong Kong\u2019s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether the city\u2019s landlords and developers can look forward to rental increases sooner rather than later. Hong Kong retailers such as Bakehouse and Korean food and beverage operator Seoul Recipe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114535,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/many-of-hong-kongs-retailers-may-fold-even-before-they-get-a-chance-to-discuss-rent-relief-with-landlords\/","url_meta":{"origin":118323,"position":1},"title":"Many of Hong Kong\u2019s retailers may fold even before they get a chance to discuss rent relief with landlords","date":"February 26, 2020","format":false,"excerpt":"\r Most landlords\u2019 refusal to agree to a one-off rent cut will force hundreds of retailers out of business, with one Hong Kong legislator saying that it may be too little and too late for some tenants to survive drawn-out rent discussions, as sales have plummeted amid the coronavirus outbreak.Shiu\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landlords-consider-increasing-rent-for-the-first-time-in-two-years-amid-ongoing-economic-recovery\/","url_meta":{"origin":118323,"position":2},"title":"Hong Kong\u2019s retail landlords consider increasing rent for the first time in two years amid ongoing economic recovery","date":"June 23, 2021","format":false,"excerpt":"\r With Hong Kong\u2019s economic recovery gathering pace and domestic consumption improving, retail landlords have started mulling rent increases for the first time since the correction started two years ago in the wake of the social unrest.While landlords of shopping centres and street shops seem optimistic and expect retailers to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":118323,"position":3},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-create-space-for-new-businesses-to-expand-as-traditional-retailers-restaurants-retreat-after-seven-months-of-falling-sales\/","url_meta":{"origin":118323,"position":4},"title":"Hong Kong protests create space for new businesses to expand, as traditional retailers, restaurants retreat after seven months of falling sales","date":"December 17, 2019","format":false,"excerpt":"\r New retail entrants are taking advantage of the downturn in Hong Kong\u2019s economy to expand rapidly, as a rising number of big chains give up leases, forcing landlords to lower rents.Defying a depressed retail market battered by seven months of anti-government protests and an economy in recession, 24-hour gyms,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landscape-is-changing-as-landlords-lure-restaurants-to-fill-spaces-abandoned-by-shops-during-pandemic\/","url_meta":{"origin":118323,"position":5},"title":"Hong Kong\u2019s retail landscape is changing as landlords lure restaurants to fill spaces abandoned by shops during pandemic","date":"July 30, 2022","format":false,"excerpt":"\r The mix of tenants in malls and at street level is changing as restaurateurs pounce on slumping rents to expand, often taking the spaces left behind by retailers forced to leave during the pandemic.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s retail landscape is changing as\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\/118323"}],"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=118323"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}