{"id":127823,"date":"2022-07-19T06:30:23","date_gmt":"2022-07-18T23:30:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-fb-operators-lock-in-leases-as-hong-kongs-retail-rents-sink-to-32-year-low\/"},"modified":"2022-07-19T07:28:22","modified_gmt":"2022-07-19T00:28:22","slug":"banks-fb-operators-lock-in-leases-as-hong-kongs-retail-rents-sink-to-32-year-low","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-fb-operators-lock-in-leases-as-hong-kongs-retail-rents-sink-to-32-year-low\/","title":{"rendered":"Banks, F&B operators lock in leases as Hong Kong\u2019s retail rents sink to 32-year low"},"content":{"rendered":"


\nAs Hong Kong\u2019s high street shop rents slump to the lowest point since early 1988, businesses are cashing in on the opportunity to set up in prime locations.
\n
\nSource : South China Morning Post
\nRead more…Banks, F&B operators lock in leases as Hong Kong\u2019s retail rents sink to 32-year low<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As Hong Kong\u2019s high street shop rents slump to the lowest point since early 1988,...<\/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-127823","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-xfF","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":127823,"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":43165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-pop-up-stores-the-answer-for-hong-kongs-struggling-retailers\/","url_meta":{"origin":127823,"position":1},"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":[]},{"id":121709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-restaurant-scene-regains-old-buzz-as-sang-kee-joins-other-operators-in-expansion-drive-amid-economic-recovery\/","url_meta":{"origin":127823,"position":2},"title":"Hong Kong\u2019s restaurant scene regains old buzz as Sang Kee joins other operators in expansion drive amid economic recovery","date":"August 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s restaurant sector, slammed by the anti-government protests and the Covid-19 pandemic, is slowly recovering from the twin blows of the past two years amid a steadily improving local economy.The food and beverage (F&B) sector has also benefited from the government\u2019s consumption voucher scheme to boost local spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-retail-out-food-and-beverages-in-as-cheaper-rents-spark-change-in-character-to-hong-kongs-malls-and-streets\/","url_meta":{"origin":127823,"position":3},"title":"Luxury retail out, food and beverages in as cheaper rents spark change in character to Hong Kong\u2019s malls and streets","date":"June 21, 2016","format":false,"excerpt":"\r The character of Hong Kong streets and shopping malls is changing as more overseas food and beverage operators and retailers catering to local consumers move to the city to take advantage of sharp falls in rent, says Tom Gaffney, CBRE\u2019s managing director for Hong Kong, Ma\r \r Source :\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":127823,"position":4},"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":100610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-brace-for-hong-kongs-rent-to-decline-as-history-shows-leases-tracking-home-sales\/","url_meta":{"origin":127823,"position":5},"title":"Landlords brace for Hong Kong\u2019s rent to decline as history shows leases tracking home sales","date":"October 27, 2018","format":false,"excerpt":"\r Memo to Hong Kong renters: You might want to wait a bit before signing that new lease. Rents, while at an all-time high right now, may be getting ready to fall. In the past three housing downturns, rents and home prices fell \u2013 substantially \u2013 in tandem. And data\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\/127823"}],"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=127823"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}