{"id":57682,"date":"2017-06-13T08:02:07","date_gmt":"2017-06-13T01:02:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-radius-clause-in-shopping-centre-leases-breach-hong-kongs-competition-ordinance\/"},"modified":"2017-06-13T08:09:49","modified_gmt":"2017-06-13T01:09:49","slug":"does-radius-clause-in-shopping-centre-leases-breach-hong-kongs-competition-ordinance","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-radius-clause-in-shopping-centre-leases-breach-hong-kongs-competition-ordinance\/","title":{"rendered":"Does \u2018radius clause\u2019 in shopping centre leases breach Hong Kong\u2019s Competition Ordinance?"},"content":{"rendered":"<p>&#013;<br \/>\nTravel 50km in most European countries and there is a good chance you will encounter no more than one major city. Apply that same radius to Tsim ShaTsui and you would cover all of Hong Kong\u2019s major islands, the entire New Territories and a good corner of mainland China.<br \/>\nThe radius clause, a non-compete provision where the landlord restricts a tenant from opening another similar business within a prescribed radius, is a common feature in shopping centre leases in Hong Kong, as it is&#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\/2097955\/does-radius-clause-shopping-centre-leases-breach-hong-kongs\" target=\"_blank\">Does \u2018radius clause\u2019 in shopping centre leases breach Hong Kong\u2019s Competition Ordinance?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Travel 50km in most European countries and there is a good chance you will encounter&#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-57682","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-f0m","jetpack-related-posts":[{"id":117908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-biggest-shopping-centre-harbour-city-offers-rent-concessions-and-shocks-tenants-with-lease-renewal-terms\/","url_meta":{"origin":57682,"position":0},"title":"Hong Kong\u2019s biggest shopping centre Harbour City offers rent concessions and shocks tenants with lease renewal terms","date":"July 22, 2020","format":false,"excerpt":"\r The owner of Hong Kong\u2019s biggest shopping centre is offering its tenants additional rent concessions, with a catch: extend the leases for at least 18 months in a market facing a third wave of coronavirus infections.The tactic has come as a shock to retailers at Harbour City, an upmarket\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wework-dumps-about-fifth-of-coworking-space-in-breach-of-leases-signed-with-major-hong-kong-landlords\/","url_meta":{"origin":57682,"position":1},"title":"WeWork dumps about fifth of coworking space, in breach of leases signed with major Hong Kong landlords","date":"May 13, 2020","format":false,"excerpt":"\r WeWork, the US real estate firm, is returning about 20 per cent of its Hong Kong premises to their owners, as start-ups, small enterprises and other short-term tenants failed to take up its offering of shared working space in the city.It has given up 182,000 sq ft in Causeway\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141765,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-industrial-property-segment-seeing-pick-up-amid-rising-demand-for-data-centres-jll-says\/","url_meta":{"origin":57682,"position":2},"title":"Hong Kong\u2019s industrial property segment seeing pick up amid rising demand for data centres, JLL says","date":"January 25, 2024","format":false,"excerpt":"\r Hong Kong\u2019s industrial property segment is seeing a pick up in demand, with the likes of Microsoft committing to long-term leases for data centre facilities, property consultancy JLL said.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s industrial property segment seeing pick up amid rising demand for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-pop-up-stores-the-answer-for-hong-kongs-struggling-retailers\/","url_meta":{"origin":57682,"position":3},"title":"Are pop-up stores the answer for Hong Kong\u2019s struggling retailers?","date":"February 7, 2017","format":false,"excerpt":"\r A new rental strategy is taking root among Hong Kong\u2019s retailers, as they battle for survival in an industry squeezed by 17 consecutive months of shrinking volumes and retail rents that are among the highest in the world. PopUp Angels, a Singapore-based startup, connects retailers with landlords through short-term\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102748,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-landlords-are-lifting-the-bar-on-creditworthiness-as-more-commercial-tenants-walk-away-from-leases\/","url_meta":{"origin":57682,"position":4},"title":"Hong Kong\u2019s office landlords are lifting the bar on creditworthiness as more commercial tenants walk away from leases","date":"January 8, 2019","format":false,"excerpt":"\r Commercial landlords in Hong Kong, who own some of the world\u2019s most expensive offices, are doubling or tripling the money that tenants must put down as deposit, as a downturn in business sentiment and tightening liquidity in China have led to several cases of renters reneging on leases. Tenants\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":57682,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57682"}],"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=57682"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57682\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}