{"id":119538,"date":"2020-12-15T13:00:11","date_gmt":"2020-12-15T06:00:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-property-the-worst-may-finally-be-over-for-sector-jll-says-but-others-suggest-more-pain-ahead\/"},"modified":"2020-12-15T14:04:08","modified_gmt":"2020-12-15T07:04:08","slug":"hong-kong-retail-property-the-worst-may-finally-be-over-for-sector-jll-says-but-others-suggest-more-pain-ahead","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-property-the-worst-may-finally-be-over-for-sector-jll-says-but-others-suggest-more-pain-ahead\/","title":{"rendered":"Hong Kong retail property: the worst may finally be over for sector, JLL says, but others suggest more pain ahead"},"content":{"rendered":"


\nThe worst may finally be over for Hong Kong retail property, with rents likely to pick up in 2021, according to JLL.The sector is forecast to report an increase in rental rates of between 0 per cent and 5 per cent, with a decline in retail sales narrowing over the past two months and uptake of vacant shops rising, the consultancy said.Relief for the sector follows about two years of battering from the city\u2019s anti-government protests and the coronavirus pandemic. It is likely that it will buck\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong retail property: the worst may finally be over for sector, JLL says, but others suggest more pain ahead<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The worst may finally be over for Hong Kong retail property, with rents likely to...<\/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-119538","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-v62","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":119538,"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":109306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-mall-owners-take-a-drubbing-in-the-stock-market-as-hong-kong-protests-damage-confidence-in-retail-sector\/","url_meta":{"origin":119538,"position":1},"title":"Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector","date":"July 24, 2019","format":false,"excerpt":"\r Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city\u2019s retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic\u2019s share prices have declined the most since the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-prices-are-likely-to-fall-across-the-board-in-2020-industry-insiders-say\/","url_meta":{"origin":119538,"position":2},"title":"Hong Kong property prices are likely to fall across the board in 2020, industry insiders say","date":"December 31, 2019","format":false,"excerpt":"\r Prices of Hong Kong properties \u2013 residential, retail and office \u2013 are expected to fall in 2020, according to a majority of 15 industry players and analysts polled by the South China Morning Post, with the city\u2019s ongoing anti-government protests, the US-China trade war and an economy in technical\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-adjust-rent-expectations-as-pandemic-reshapes-retail-landscape-amid-changing-consumer-preferences\/","url_meta":{"origin":119538,"position":3},"title":"Hong Kong landlords adjust rent expectations as pandemic reshapes retail landscape amid changing consumer preferences","date":"February 2, 2021","format":false,"excerpt":"\r In the past year, Hong Kong\u2019s retail sector recorded the worst performance in a decade, as months of social unrest, followed by the Covid-19 pandemic drove tourists away, hit consumer spending and threatened the survival of many retail businesses. These crises have not only greatly disrupted Hong Kong\u2019s retail\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kong-commercial-property-dropped-52-per-cent-last-year-as-protests-hit-demand-across-sector-cbre-says\/","url_meta":{"origin":119538,"position":4},"title":"Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says","date":"January 16, 2020","format":false,"excerpt":"\r Investment in Hong Kong office and retail properties plunged by 52 per cent last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011, property consultancy CBRE said on Wednesday.The ongoing anti-government protests and economic uncertainty had weakened demand across all sections of the\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":119538,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119538"}],"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=119538"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119538\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}