{"id":126970,"date":"2022-06-09T07:30:30","date_gmt":"2022-06-09T00:30:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-aji-ichiban-co-founder-may-lower-rents-for-vacant-shops-after-covid-19-losses-forced-once-thriving-hong-kong-snack-chain-to-shut-down\/"},"modified":"2022-06-09T08:38:22","modified_gmt":"2022-06-09T01:38:22","slug":"coronavirus-aji-ichiban-co-founder-may-lower-rents-for-vacant-shops-after-covid-19-losses-forced-once-thriving-hong-kong-snack-chain-to-shut-down","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-aji-ichiban-co-founder-may-lower-rents-for-vacant-shops-after-covid-19-losses-forced-once-thriving-hong-kong-snack-chain-to-shut-down\/","title":{"rendered":"Coronavirus: Aji Ichiban co-founder may lower rents for vacant shops after Covid-19 losses forced once-thriving Hong Kong snack chain to shut down"},"content":{"rendered":"


\nOne of the founders of Aji Ichiban said he will consider accepting lower rents for his shops, after the once-popular Hong Kong snack chain called time on its outlets in the city.
\n
\nSource : South China Morning Post
\nRead more…Coronavirus: Aji Ichiban co-founder may lower rents for vacant shops after Covid-19 losses forced once-thriving Hong Kong snack chain to shut down<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One of the founders of Aji Ichiban said he will consider accepting lower rents 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-126970","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-x1U","jetpack-related-posts":[{"id":97518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-centres-are-thirsty-for-bubble-tea-shops-which-pay-high-rents\/","url_meta":{"origin":126970,"position":0},"title":"Shopping centres are thirsty for bubble tea shops \u2014 which pay high rents","date":"September 9, 2018","format":false,"excerpt":"\r Retailers selling yogurt, Japanese ice cream or cheesecake treats once were the major driver of leasing demand for tiny shops in prime locations. Now it\u2019s bubble tea\u2019s turn. The explosive expansion of Taiwanese bubble tea shops has outpaced any of the earlier waves of retailers selling drinks and snack\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119538,"url":"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\/","url_meta":{"origin":126970,"position":1},"title":"Hong Kong retail property: the worst may finally be over for sector, JLL says, but others suggest more pain ahead","date":"December 15, 2020","format":false,"excerpt":"\r The 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\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":126970,"position":2},"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":114688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-prices-of-hong-kong-shops-in-core-shopping-districts-could-sink-80-per-cent-in-next-two-to-three-years-property-agency-says\/","url_meta":{"origin":126970,"position":3},"title":"Rents, prices of Hong Kong shops in core shopping districts could sink 80 per cent in next two to three years, property agency says","date":"March 4, 2020","format":false,"excerpt":"\r The rents and prices of shops in Hong Kong\u2019s core shopping districts could plunge to 2006 levels \u2013 a decline of 40 per cent \u2013 by the end of this year, Midland IC&I, an agency that has tracked shop vacancies since 2016, said on Tuesday.Rents and prices could even\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shops-in-causeway-bay-see-sales-hit-by-hong-kong-protests-says-landlord-hang-lung-as-retail-rents-seen-tanking\/","url_meta":{"origin":126970,"position":4},"title":"Shops in Causeway Bay see sales hit by Hong Kong protests, says landlord Hang Lung, as retail rents seen tanking","date":"July 30, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail sector has been hit by weeks of protests that have frequently descended into violence, according to Hang Lung Properties, a major landlord in one of the city\u2019s best known shopping areas.The company\u2019s chief executive Weber Lo said the mass rallies had damaged sales of its tenants\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":126970,"position":5},"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 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