{"id":119680,"date":"2021-01-07T07:30:11","date_gmt":"2021-01-07T00:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/relocation-of-top-luxury-brands-regional-headquarters-to-china-likely-to-weigh-further-on-hong-kong-office-rents\/"},"modified":"2021-01-07T08:08:41","modified_gmt":"2021-01-07T01:08:41","slug":"relocation-of-top-luxury-brands-regional-headquarters-to-china-likely-to-weigh-further-on-hong-kong-office-rents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/relocation-of-top-luxury-brands-regional-headquarters-to-china-likely-to-weigh-further-on-hong-kong-office-rents\/","title":{"rendered":"Relocation of top luxury brands\u2019 regional headquarters to China likely to weigh further on Hong Kong office rents"},"content":{"rendered":"


\nSome luxury retailers are considering relocating their regional headquarters to China from Hong Kong to be close to their major growth market, which could add further pressure on office rents in the city, according to market observers.Brands including Versace, Salvatore Ferragamo, and LVMH-owned Bulgari, Fendi, Givenchy and Celine reduced headcounts in their Hong Kong headquarters last year and shifted more resources to mainland China, according to market sources.Beauty conglomerate L\u2019Or\u00e9al is\u2026
\n
\nSource : South China Morning Post
\nRead more…Relocation of top luxury brands\u2019 regional headquarters to China likely to weigh further on Hong Kong office rents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some luxury retailers are considering relocating their regional headquarters to China from Hong Kong 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-119680","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-v8k","jetpack-related-posts":[{"id":135843,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tapering-relocation-moves-from-hong-kong-looming-slowdown-threaten-singapore-office-rents-after-stellar-run\/","url_meta":{"origin":119680,"position":0},"title":"Tapering relocation moves from Hong Kong, looming slowdown threaten Singapore office rents after stellar run","date":"April 10, 2023","format":false,"excerpt":"\r An end to Hong Kong-based companies\u2019 relocation plans and an anticipated slowdown in Singapore\u2019s economy will weigh on the city state\u2019s office rents, which rose 5.9 per cent last year.\r \r Source : South China Morning Post\r Read more...Tapering relocation moves from Hong Kong, looming slowdown threaten Singapore office\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":119680,"position":1},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-more-expats-flock-to-hong-kong-luxury-home-rents-poised-for-further-upswing\/","url_meta":{"origin":119680,"position":2},"title":"As more expats flock to Hong Kong, luxury home rents poised for further upswing","date":"August 26, 2026","format":false,"excerpt":"\r Hong Kong\u2019s growing number of expatriates is boosting the city\u2019s residential property leasing market with luxury rents likely to rise by about 5 per cent this year and continue their upswing in 2027, according to property consultancy JLL. The private residential rental index by the Rating and Valuation Department\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mainland-china-weigh-on-asia-pacific-office-rents-amid-high-vacancy-report\/","url_meta":{"origin":119680,"position":3},"title":"Hong Kong, mainland China weigh on Asia-Pacific office rents amid high vacancy: report","date":"July 18, 2024","format":false,"excerpt":"\r Beijing, Shanghai, Hong Kong and Guangzhou had the sharpest declines among 23 cities in the second quarter, consultancy Knight Frank says.\r \r Source : South China Morning Post\r Read more...Hong Kong, mainland China weigh on Asia-Pacific office rents amid high vacancy: report","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-home-rents-rose-as-singapores-fell-amid-contrasting-market-conditions-in-third-quarter\/","url_meta":{"origin":119680,"position":4},"title":"Hong Kong luxury home rents rose as Singapore\u2019s fell amid contrasting market conditions in third quarter","date":"November 15, 2023","format":false,"excerpt":"\r Hong Kong\u2019s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore\u2019s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia\u2019s rival business hubs, Knight Frank said.\r \r Source : South China Morning Post\r Read more...Hong Kong luxury home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113619,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-brands-use-pop-up-stores-to-skirt-hong-kongs-sky-high-retail-rents-amid-consumer-spending-smashed-by-protests\/","url_meta":{"origin":119680,"position":5},"title":"Luxury brands use pop-up stores to skirt Hong Kong\u2019s sky-high retail rents amid consumer spending smashed by protests","date":"January 15, 2020","format":false,"excerpt":"\r The protest movement that has gripped Hong Kong since last summer has devastated the retail sector, forcing many shops to close as consumer sentiment and visitor numbers have dropped through the floor.But some luxury brands \u2013 and the shopping malls that house them \u2013 have been fighting back using\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\/119680"}],"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=119680"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}