{"id":118648,"date":"2020-09-16T12:30:15","date_gmt":"2020-09-16T05:30:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-in-hong-kongs-storage-facilities-warehouses-and-logistics-real-estate-may-double-as-retailers-end-leases-slash-stock\/"},"modified":"2020-09-16T13:03:16","modified_gmt":"2020-09-16T06:03:16","slug":"vacancy-in-hong-kongs-storage-facilities-warehouses-and-logistics-real-estate-may-double-as-retailers-end-leases-slash-stock","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vacancy-in-hong-kongs-storage-facilities-warehouses-and-logistics-real-estate-may-double-as-retailers-end-leases-slash-stock\/","title":{"rendered":"Vacancy in Hong Kong\u2019s storage facilities, warehouses and logistics real estate may double as retailers end leases, slash stock"},"content":{"rendered":"


\nVacancy among Hong Kong\u2019s warehouses, storage facilities and other logistics property is expected to double this year, as retailers hobbled by the city\u2019s worst recession in decades slash their inventory and give up their leases, according to a forecast by JLL.An estimated 102,000 square metres (1.098 million square feet) of marketable space is set to return to the leasing market this year when their leases expire, taking the aggregate vacancy rate to more than 3 per cent by the end of this year\u2026
\n
\nSource : South China Morning Post
\nRead more…Vacancy in Hong Kong\u2019s storage facilities, warehouses and logistics real estate may double as retailers end leases, slash stock<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vacancy among Hong Kong\u2019s warehouses, storage facilities and other logistics property is expected to double...<\/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-118648","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-uRG","jetpack-related-posts":[{"id":19008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even-for-prime-sites\/","url_meta":{"origin":118648,"position":0},"title":"Hong Kong retailers being offered cheaper rents and shorter leases, even for prime sites","date":"July 7, 2016","format":false,"excerpt":"\r Hong Kong\u2019s retail property market is now experiencing some of weirdest phenomena of recent times, as landlords of ground-level shops not only slash rents significantly, but also offer extremely short tenancy periods, even in prime locations.\r \r Source : South China Morning Post\r Read more...Hong Kong retailers being offered\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-warehouses-find-support-from-demand-to-store-metals-and-art\/","url_meta":{"origin":118648,"position":1},"title":"Hong Kong\u2019s warehouses find support from demand to store metals and art","date":"October 6, 2025","format":false,"excerpt":"\r The demand for storage of commodities and art is providing a much-needed boost for Hong Kong\u2019s logistics properties, where recovery has lagged behind other commercial real estate segments. New demand from the London Metal Exchange\u2019s (LME) inclusion of Hong Kong in the exchange\u2019s global warehousing network is helping the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":118648,"position":2},"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":110833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pressure-from-beijing-looming-vacancy-tax-will-force-hong-kongs-developers-into-faster-and-cheaper-project-launches-say-analysts\/","url_meta":{"origin":118648,"position":3},"title":"Pressure from Beijing, looming vacancy tax will force Hong Kong\u2019s developers into faster and cheaper project launches, say analysts","date":"September 17, 2019","format":false,"excerpt":"\r Hong Kong\u2019s developers are coming under mounting pressure to slash their prices and offload new projects as quickly as possible, according to analysts.The pressure is coming from two sources: a looming tax on unsold flats, and a series of Chinese state-media commentaries last week urging the Hong Kong government\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126285,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chicago-based-heitman-joins-global-funds-to-tap-hong-kongs-growing-demand-for-cold-storage-facilities\/","url_meta":{"origin":118648,"position":4},"title":"Chicago-based Heitman joins global funds to tap Hong Kong\u2019s growing demand for cold-storage facilities","date":"May 4, 2022","format":false,"excerpt":"\r With demand for cold-storage facilities in Hong Kong unable to keep up with supply, global funds are increasingly eyeing this asset as it enjoys a much higher rental premium than traditional warehouses.\r \r Source : South China Morning Post\r Read more...Chicago-based Heitman joins global funds to tap Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-pop-up-stores-the-answer-for-hong-kongs-struggling-retailers\/","url_meta":{"origin":118648,"position":5},"title":"Are pop-up stores the answer for Hong Kong\u2019s struggling retailers?","date":"February 7, 2017","format":false,"excerpt":"\r A new rental strategy is taking root among Hong Kong\u2019s retailers, as they battle for survival in an industry squeezed by 17 consecutive months of shrinking volumes and retail rents that are among the highest in the world. PopUp Angels, a Singapore-based startup, connects retailers with landlords through short-term\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\/118648"}],"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=118648"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118648\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}