{"id":52794,"date":"2017-04-25T08:30:13","date_gmt":"2017-04-25T01:30:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-to-enlarge-its-retail-portfolio-by-40-pc-over-the-next-five-years-to-bolster-rental-income\/"},"modified":"2017-04-25T08:33:21","modified_gmt":"2017-04-25T01:33:21","slug":"mtr-to-enlarge-its-retail-portfolio-by-40-pc-over-the-next-five-years-to-bolster-rental-income","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-to-enlarge-its-retail-portfolio-by-40-pc-over-the-next-five-years-to-bolster-rental-income\/","title":{"rendered":"MTR to enlarge its retail portfolio by 40 pc over the next five years to bolster rental income"},"content":{"rendered":"


\nMTR Corp plans to enlarge its retail portfolio by 40 per cent over the next five years to help broaden its earnings base and soften the shock from a potential slowdown in the real estate sector, according to a company official.
\nThe railway operator, which also has a successful property business, plans to increase its retail leasing portfolio to 3.6 million square feet by 2020.
\nThis includes increased floor space that will come online following the completion of shopping malls in Tai Wai Station…
\n
\nSource : South China Morning Post
\nRead more…MTR to enlarge its retail portfolio by 40 pc over the next five years to bolster rental income<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MTR Corp plans to enlarge its retail portfolio by 40 per cent over the next...<\/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-52794","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-dJw","jetpack-related-posts":[{"id":114553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-sells-hk3-billion-stakes-in-two-shopping-malls-to-mtr-as-hong-kongs-retail-sector-reels-from-protests-coronavirus\/","url_meta":{"origin":52794,"position":0},"title":"New World Development sells HK$3 billion stakes in two shopping malls to MTR as Hong Kong\u2019s retail sector reels from protests, coronavirus","date":"February 26, 2020","format":false,"excerpt":"\r New World Development has sold its interest in two Hong Kong shopping malls to MTR Corporation, the city\u2019s sole rail operator, for HK$3 billion (US$385 million) as the local retail sector slips into a deep slump.The developer said the sale of the \u201cnon-core\u201d assets, a 50 per cent stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-corp-will-study-residential-development-in-other-railway-stations-to-increase-flat-supply-says-property-director\/","url_meta":{"origin":52794,"position":1},"title":"MTR Corp will study residential development in other railway stations to increase flat supply, says property director","date":"April 25, 2017","format":false,"excerpt":"\r As property director of Hong Kong\u2019s subway operator MTR Corp since 2011, David Tang Chi-fai leads a team looking after 13 shopping malls, managing 96,000 retail units and the building of 28,000 flats \u2013 18,000 for MTR and 10,000 for West Rail \u2013 through partnerships with private developers. With\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mtr-corp-net-profit-drops-21-1pc-to-hk10-2b-on-lower-property-income\/","url_meta":{"origin":52794,"position":2},"title":"Hong Kong\u2019s MTR Corp net profit drops 21.1pc to HK$10.2b on lower property income","date":"March 7, 2017","format":false,"excerpt":"\r MTR Corp announced a 21.1 per cent fall in net profit to HK$10.25 billion (US$1.32 billion) as its earnings contribution from Hong Kong property development slumped. The city\u2019s sole operator of the mass transit railway system said total revenue rose 8.4 per cent to HK$45.19 billion for the year\u2026","rel":"","context":"In "Property News"","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":52794,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-protests-present-a-serious-challenge-mtr-chief\/","url_meta":{"origin":52794,"position":4},"title":"Hong Kong's protests present a 'serious challenge': MTR chief","date":"August 9, 2019","format":false,"excerpt":"\r Jacob Kam of MTR says the company respects the Hong Kong protesters' rights and freedom to express their views, but hopes they won't disrupt the freedom of travel for the others.\r \r Source : cnbc.com\r Read more...Hong Kong's protests present a 'serious challenge': MTR chief","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123055,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mtr-rejects-all-five-bids-for-plot-at-tung-chung-lantau-island-as-developers-recoil-at-huge-sum-needed-to-build\/","url_meta":{"origin":52794,"position":5},"title":"MTR rejects all five bids for plot at Tung Chung, Lantau Island, as developers recoil at huge sum needed to build","date":"November 5, 2021","format":false,"excerpt":"\r The MTR Corporation has rejected all five bids for a large residential site in Tung Chung on Lantau Island after the plot elicited a cool response from Hong Kong\u2019s developers.\u201c[MTR] has decided not to accept any of the tender submissions [and] will retender the project in due course,\u201d the\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\/52794"}],"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=52794"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}