{"id":140776,"date":"2023-12-21T11:30:55","date_gmt":"2023-12-21T04:30:55","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-prada-acquires-fifth-avenue-building-home-to-new-york-flagship-store-for-us425-million\/"},"modified":"2023-12-21T11:34:50","modified_gmt":"2023-12-21T04:34:50","slug":"hong-kong-listed-prada-acquires-fifth-avenue-building-home-to-new-york-flagship-store-for-us425-million","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-prada-acquires-fifth-avenue-building-home-to-new-york-flagship-store-for-us425-million\/","title":{"rendered":"Hong Kong-listed Prada acquires Fifth Avenue building home to New York flagship store for US$425 Million"},"content":{"rendered":"


\nThe Hong Kong-listed Italian fashion company has been leasing its store in the 12-floor building at 724 Fifth Avenue since 1997.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong-listed Prada acquires Fifth Avenue building home to New York flagship store for US5 Million<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong-listed Italian fashion company has been leasing its store in the 12-floor building...<\/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-140776","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-ACA","jetpack-related-posts":[{"id":146574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-prada-to-open-8000-sq-ft-store-in-k11-musea-after-years-of-downsizing\/","url_meta":{"origin":140776,"position":0},"title":"Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing","date":"July 29, 2024","format":false,"excerpt":"\r The two-storey outlet in New World\u2019s harbourfront luxury mall will be the Italian brand\u2019s first in Hong Kong since it closed its flagship store in Causeway Bay in 2020.\r \r Source : South China Morning Post\r Read more...Hong Kong retail: Prada to open 8,000 sq ft store in K11\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":140776,"position":1},"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":110012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bay-retail-landlord-offers-to-cut-rent-by-44-per-cent-as-prada-closes-flagship-store-next-year-amid-dwindling-foot-traffic\/","url_meta":{"origin":140776,"position":2},"title":"Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic","date":"August 19, 2019","format":false,"excerpt":"\r The landlord of Prada\u2019s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent next year when the Italian fashion house shuts its flagship outlet on Hong Kong Island, succumbing to dwindling shoppers\u2019 foot traffic.The Milanese company will close its 15,000-square foot (1,393 square\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135702,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-euroeyes-to-open-first-clinic-in-city-on-russell-street-ditch-hospital-like-atmosphere-for-one-of-worlds-costliest-retail-strips\/","url_meta":{"origin":140776,"position":3},"title":"Hong Kong-listed EuroEyes to open first clinic in city on Russell Street, ditch \u2018hospital-like atmosphere\u2019 for one of world\u2019s costliest retail strips","date":"March 31, 2023","format":false,"excerpt":"\r Germany-based and Hong Kong-listed EuroEyes International Eye Clinic is set to open its first store in the city, taking over the space occupied by Prada in one of the world\u2019s costliest retail strips.\r \r Source : South China Morning Post\r Read more...Hong Kong-listed EuroEyes to open first clinic in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-coronavirus-see-prada-tissot-make-way-for-cheap-phone-store-on-worlds-most-expensive-shopping-street\/","url_meta":{"origin":140776,"position":4},"title":"Hong Kong protests, coronavirus see Prada, Tissot make way for cheap phone store on world\u2019s most expensive shopping street","date":"June 17, 2020","format":false,"excerpt":"\r For years it was the world\u2019s most expensive shopping street, overshadowing anything Paris or London had to offer, its pavements brimming with shoppers hunting for Prada bags, Chanel perfumes and Blancpain watches.But Russell Street, in Hong Kong\u2019s bustling Causeway Bay, has lost its lustre \u2013 and a lot of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107581,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-yorks-museum-of-modern-art-to-open-flagship-store-in-hong-kong-developer-new-worlds-k11-musea\/","url_meta":{"origin":140776,"position":5},"title":"New York\u2019s Museum of Modern Art to open flagship store in Hong Kong developer New World\u2019s K11 Musea","date":"May 30, 2019","format":false,"excerpt":"\r Hong Kong property developer New World Development is bringing a flagship store of New York\u2019s The Museum of Modern Art (MoMA) to Hong Kong this year.The 6,000 sq ft store, MoMa\u2019s largest in Asia, is to open in August in K11 Musea, the retail part of Tsim Sha Tsui\u2019s\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\/140776"}],"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=140776"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140776\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}