{"id":149768,"date":"2025-03-10T16:03:51","date_gmt":"2025-03-10T09:03:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-times-square-owner-says-earnings-sink-on-weak-retail-property-market\/"},"modified":"2025-03-10T21:05:17","modified_gmt":"2025-03-10T14:05:17","slug":"hong-kongs-times-square-owner-says-earnings-sink-on-weak-retail-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-times-square-owner-says-earnings-sink-on-weak-retail-property-market\/","title":{"rendered":"Hong Kong\u2019s Times Square owner says earnings sink on weak retail, property market"},"content":{"rendered":"<p>&#013;<br \/>\nEarnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment properties.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/property\/article\/3301796\/hong-kongs-times-square-owner-says-earnings-sink-weak-retail-property-market?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong\u2019s Times Square owner says earnings sink on weak retail, property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Earnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment&#46;&#46;&#46;<\/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-149768","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-CXC","jetpack-related-posts":[{"id":127823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-fb-operators-lock-in-leases-as-hong-kongs-retail-rents-sink-to-32-year-low\/","url_meta":{"origin":149768,"position":0},"title":"Banks, F&amp;B operators lock in leases as Hong Kong\u2019s retail rents sink to 32-year low","date":"July 19, 2022","format":false,"excerpt":"\r As 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.\r \r Source : South China Morning Post\r Read more...Banks, F&B operators lock in leases as Hong Kong\u2019s retail rents sink to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":149768,"position":1},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118629,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sector-stuck-in-the-doldrums-pushes-vacancy-rate-of-street-level-shops-to-record-high\/","url_meta":{"origin":149768,"position":2},"title":"Hong Kong\u2019s retail sector, stuck in the doldrums, pushes vacancy rate of street-level shops to record high","date":"September 15, 2020","format":false,"excerpt":"\r The vacancy rate of street level shops in Hong Kong\u2019s four major shopping districts \u2013 Causeway Bay, Mong Kok, Central and Tsim Sha Tsui \u2013 has reached a record high of 12.6 per cent and is expected to climb to 14 per cent in the first quarter next year,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bargain-sale-collapsed-deal-reflect-hong-kongs-struggling-retail-property-market\/","url_meta":{"origin":149768,"position":3},"title":"Bargain sale, collapsed deal reflect Hong Kong\u2019s struggling retail property market","date":"September 4, 2026","format":false,"excerpt":"\r A foreclosure sale in Hong Kong\u2019s Lan Kwai Fong area and a cancelled shop transaction in North Point reflect the impact of weak consumer spending on Hong Kong\u2019s retail property market, which will remain under pressure through the end of the year, according to analysts. The Lan Kwai Fong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-protests-weigh-heavily-on-retail-property-transactions-as-volumes-sink-to-an-all-time-low-last-year\/","url_meta":{"origin":149768,"position":4},"title":"Hong Kong protests weigh heavily on retail property transactions as volumes sink to an all-time low last year","date":"January 21, 2020","format":false,"excerpt":"\r Hong Kong\u2019s commercial and industrial property transaction volumes fell to the lowest level last year since record-keeping started in 1996, sinking nearly 50 per cent year on year, as investor sentiment took a beating since the anti-government protests started last June.Transaction volumes of industrial units, offices and shops plummeted\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-retail-gets-a-boost-as-louis-vuitton-returns-to-times-square-in-causeway-bay-after-3-year-gap\/","url_meta":{"origin":149768,"position":5},"title":"Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to Times Square in Causeway Bay after 3-year gap","date":"April 29, 2024","format":false,"excerpt":"\r Louis Vuitton is returning to Times Square, three years after the French luxury brand shut its store, a sign of a brighter outlook for Hong Kong\u2019s luxury retail market.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s luxury retail gets a boost as Louis Vuitton returns to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149768"}],"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=149768"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149768\/revisions"}],"predecessor-version":[{"id":149769,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149768\/revisions\/149769"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}