{"id":44055,"date":"2017-02-14T13:48:58","date_gmt":"2017-02-14T06:48:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/innovation-is-key-to-the-changing-world-of-hong-kong-retail\/"},"modified":"2017-02-14T14:00:18","modified_gmt":"2017-02-14T07:00:18","slug":"innovation-is-key-to-the-changing-world-of-hong-kong-retail","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/innovation-is-key-to-the-changing-world-of-hong-kong-retail\/","title":{"rendered":"Innovation is key to the changing world of Hong Kong retail"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong has one of the most vibrant retail markets in the world. While it has certainly evolved over the years, the city has traditionally been regarded as a \u2018shopping paradise\u2019.<br \/>\nHowever, more recently, indicators suggest that the decade-long luxury shopping era is coming to an end: vacancies are becoming more common in retail properties and, left with little choice, landlords are lowering rents and having to scramble to find suitable tenants.<br \/>\nIn fact, during 2016, rents for&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2070717\/innovation-key-changing-world-hong-kong-retail\" target=\"_blank\">Innovation is key to the changing world of Hong Kong retail<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong has one of the most vibrant retail markets in the world. While it&#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-44055","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-bsz","jetpack-related-posts":[{"id":86866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pop-up-stores-to-increase-in-hong-kong-as-rents-for-retail-space-continue-to-rise\/","url_meta":{"origin":44055,"position":0},"title":"Pop-up stores to increase in Hong Kong as rents for retail space continue to rise","date":"May 1, 2018","format":false,"excerpt":"\r Pop-up stores are not only the answer to shopping malls striving to meet ever-changing customer demands, but they are also for new retailers to test the water without having to pay exorbitant rents as the retail market recovers from a three-year decline, say operators and analysts.\u00a0 \u201cLocal consumption demand\u2026","rel":"","context":"In &quot;Property News&quot;","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":44055,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/underground-retail-space-in-hong-kong-may-lower-rents-attract-new-entrants\/","url_meta":{"origin":44055,"position":2},"title":"Underground retail space in Hong Kong may lower rents, attract new entrants","date":"November 15, 2016","format":false,"excerpt":"\r A government pilot study into developing underground spaces in four prime locations could help to attract new entrants into Hong Kong\u2019s retail market, according to industry experts, as increasing supply could lower rents. But analysts suggested providing connectivity between the subterranean spaces and facilities such as MTR stations and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-rents-sink-new-overseas-retailers-mass-market-brands-eye-expansion-on-the-cheap\/","url_meta":{"origin":44055,"position":3},"title":"As Hong Kong retail rents sink, new overseas retailers, mass-market brands eye expansion on the cheap","date":"April 19, 2020","format":false,"excerpt":"\r It is a time for bargains for new overseas and mass-market retailers looking to expand in Hong Kong, following a sharp correction in retail rents, property consultants said.\u201cWe are in talks with more than three overseas retailers, who are interested in entering the Hong Kong market. They are aiming\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-retail-sales-recover-can-landlords-follow-with-higher-shop-rents\/","url_meta":{"origin":44055,"position":4},"title":"As Hong Kong retail sales recover, can landlords follow with higher shop rents?","date":"October 12, 2025","format":false,"excerpt":"\r Ever since Hong Kong\u2019s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether the city\u2019s landlords and developers can look forward to rental increases sooner rather than later. Hong Kong retailers such as Bakehouse and Korean food and beverage operator Seoul Recipe\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108817,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/outlook-for-hong-kong-retail-rents-bleak-as-trade-war-and-protests-dampen-sales\/","url_meta":{"origin":44055,"position":5},"title":"Outlook for Hong Kong retail rents bleak as trade war and protests dampen sales","date":"July 9, 2019","format":false,"excerpt":"\r Hong Kong\u2019s retail leasing market is expected to slow further in the second half as sales continue to slump because of the US-China trade war and uncertainty over protests against the extradition bill, industry observers say.Overall rent for shops along prime shopping streets fell 1.2 per cent quarter on\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\/44055"}],"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=44055"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44055\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}