{"id":145983,"date":"2024-07-10T17:30:36","date_gmt":"2024-07-10T10:30:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/transformers-eatery-may-fold-on-russell-street-as-optimus-prime-bows-to-hong-kongs-rent\/"},"modified":"2024-07-10T17:49:51","modified_gmt":"2024-07-10T10:49:51","slug":"transformers-eatery-may-fold-on-russell-street-as-optimus-prime-bows-to-hong-kongs-rent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/transformers-eatery-may-fold-on-russell-street-as-optimus-prime-bows-to-hong-kongs-rent\/","title":{"rendered":"Transformers eatery may fold on Russell Street as Optimus Prime bows to Hong Kong\u2019s rent"},"content":{"rendered":"


\nRent aside, the Ark also operates in a competitive neighbourhood, surrounded by half a dozen burger restaurants within walking distance.
\n
\nSource : South China Morning Post
\nRead more…Transformers eatery may fold on Russell Street as Optimus Prime bows to Hong Kong\u2019s rent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rent aside, the Ark also operates in a competitive neighbourhood, surrounded by half a dozen...<\/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-145983","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-BYz","jetpack-related-posts":[{"id":126367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/transformers-restaurant-joins-five-guys-and-ruby-tuesday-to-turn-hong-kongs-russell-street-from-worlds-priciest-fashion-strip-into-foodies-haven\/","url_meta":{"origin":145983,"position":0},"title":"Transformers restaurant joins Five Guys and Ruby Tuesday to turn Hong Kong\u2019s Russell Street from world\u2019s priciest fashion strip into foodies\u2019 haven","date":"May 10, 2022","format":false,"excerpt":"\r The vacancy rate at Russell Street rose from zero in Q1 2019, before Covid-19 and social unrest, to 7.4 per cent in the first quarter of 2022, according to JLL.\r \r Source : South China Morning Post\r Read more...Transformers restaurant joins Five Guys and Ruby Tuesday to turn Hong\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":145983,"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":145983,"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":108882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-prime-office-market-wobbles-as-chinese-firms-scale-back-amid-trade-war\/","url_meta":{"origin":145983,"position":3},"title":"Hong Kong\u2019s prime office market wobbles as Chinese firms scale back amid trade war","date":"July 11, 2019","format":false,"excerpt":"\r Hong Kong\u2019s prime offices, the world\u2019s most expensive for four years running, are losing their cache as a year-long US-China trade war has deterred companies from taking on more space, forcing landlords to offer discounts.Grade-A office rent in the Central district dropped 0.1 per cent in the second quarter,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/causeway-bays-russell-street-takes-over-from-new-yorks-5th-avenue-as-worlds-most-expensive-place-to-rent-shops\/","url_meta":{"origin":145983,"position":4},"title":"Causeway Bay\u2019s Russell Street takes over from New York\u2019s 5th Avenue as world\u2019s most expensive place to rent shops","date":"November 14, 2018","format":false,"excerpt":"\r Russell Street in Hong Kong\u2019s Causeway Bay district has replaced New York\u2019s Upper 5th Avenue as the world\u2019s most expensive retail street by rental value, according to property consultants Cushman & Wakefield. For the first time in five years, the city has regained the crown with average annual rents\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-prime-office-rents-fall-by-most-in-a-decade-as-protests-chill-market-chinese-companies-retreat\/","url_meta":{"origin":145983,"position":5},"title":"Hong Kong\u2019s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat","date":"November 22, 2019","format":false,"excerpt":"\r More than five months of social unrest in Hong Kong is starting to hurt prime office landlords with rent falling by the most in a decade as multinationals downsized and mainland Chinese firms retreated from the city.\r\rOverall rents in Grade A offices fell 1.6 per cent to HK$74.30 (US$9.50)\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\/145983"}],"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=145983"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}