{"id":120794,"date":"2021-06-23T07:30:00","date_gmt":"2021-06-23T00:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landlords-consider-increasing-rent-for-the-first-time-in-two-years-amid-ongoing-economic-recovery\/"},"modified":"2021-07-18T17:05:00","modified_gmt":"2021-07-18T10:05:00","slug":"hong-kongs-retail-landlords-consider-increasing-rent-for-the-first-time-in-two-years-amid-ongoing-economic-recovery","status":"publish","type":"post","link":"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\/","title":{"rendered":"Hong Kong\u2019s retail landlords consider increasing rent for the first time in two years amid ongoing economic recovery"},"content":{"rendered":"


\nWith 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 receive a boost from mainland tourists following the eventual opening of cross-border travel, tenants, however, remain cautious, with many saying that business is yet to\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s retail landlords consider increasing rent for the first time in two years amid ongoing economic recovery<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With Hong Kong\u2019s economic recovery gathering pace and domestic consumption improving, retail landlords have started...<\/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-120794","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-vqi","jetpack-related-posts":[{"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":120794,"position":0},"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":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":120794,"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":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":120794,"position":2},"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":153420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-combat-tough-retail-environment-by-offering-rent-discounts-to-tenants\/","url_meta":{"origin":120794,"position":3},"title":"Hong Kong landlords combat tough retail environment by offering rent discounts to tenants","date":"May 14, 2025","format":false,"excerpt":"\r Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.\r \r Source : South China Morning Post\r Read more...Hong Kong landlords combat tough retail environment by offering rent discounts to tenants","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","url_meta":{"origin":120794,"position":4},"title":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens","date":"August 21, 2020","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":120794,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120794"}],"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=120794"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}