{"id":60366,"date":"2017-07-11T10:58:48","date_gmt":"2017-07-11T03:58:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-mall-operators-face-bleak-decade-as-shoppers-go-online\/"},"modified":"2017-07-11T11:09:08","modified_gmt":"2017-07-11T04:09:08","slug":"chinas-mall-operators-face-bleak-decade-as-shoppers-go-online","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-mall-operators-face-bleak-decade-as-shoppers-go-online\/","title":{"rendered":"China\u2019s mall operators face bleak decade as shoppers go online"},"content":{"rendered":"


\nShopping mall operators on the mainland are bracing for a difficult decade as their retail tenants continue to lose market share to online vendors, suggesting little room to push up leasing rates in line with historic trends, according to a major Hong Kong based developer.
\nHenderson Land Development vice chairman Peter Lee Ka-kit, the eldest son of Hong Kong\u2019s second-richest man Lee Shau-kee, said rental pressure on shopping malls would persist.
\n\u201cThere are already fewer visitors…
\n
\nSource : South China Morning Post
\nRead more…China\u2019s mall operators face bleak decade as shoppers go online<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shopping mall operators on the mainland are bracing for a difficult decade as their retail...<\/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-60366","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-fHE","jetpack-related-posts":[{"id":59735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mall-operators-spend-big-to-draw-young-shoppers-this-summer\/","url_meta":{"origin":60366,"position":0},"title":"Mall operators spend big to draw young shoppers this summer","date":"July 4, 2017","format":false,"excerpt":"\r Hong Kong\u2019s mall operators seem to be pulling out all the stops to woo young shoppers this summer. A digital basketball court where you can practise shooting virtual hoops, and a reconstructed classic scene from a Transformers movie are among the elaborate gimmicks being deployed in an attempt to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-malls-adapt-to-fourth-wave-tackle-bleak-christmas-season-with-dining-and-shopping-offers-and-promotions\/","url_meta":{"origin":60366,"position":1},"title":"Hong Kong\u2019s malls adapt to fourth wave, tackle bleak Christmas season with dining and shopping offers and promotions","date":"December 26, 2020","format":false,"excerpt":"\r Hong Kong mall operators are not sitting back in the face of the city\u2019s fourth wave of coronavirus infections, and have come out with innovative ways to promote their tenants, particularly restaurants.In what would have been the busiest period of the year for them, restaurants and other F&B businesses\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-operators-target-shoppers-after-government-announces-distribution-of-us638-consumption-vouchers\/","url_meta":{"origin":60366,"position":2},"title":"Hong Kong mall operators target shoppers after government announces distribution of US$638 consumption vouchers","date":"April 3, 2022","format":false,"excerpt":"\r Hong Kong\u2019s major mall operators are tempting shoppers with an array of promotions, including discounts of up 70 per cent, after the government announced it would distribute consumption vouchers from Thursday. The battered retail market is expected to receive a much-needed boost, which has suffered since January because of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/technology-is-key-to-attracting-shoppers-amid-challenging-retail-environment-in-china\/","url_meta":{"origin":60366,"position":3},"title":"Technology is key to attracting shoppers amid challenging retail environment in China","date":"January 3, 2017","format":false,"excerpt":"\r While brick-and-mortar stores are often considered the low-tech counterpart to online shopping, mall operators and retailers in China need to embrace new technologies to attract customers, says Hong Kong developer Sun Hung Kai Properties. Touch-screen platforms, e-signage and video walls have emerged as key elements in shopping malls, while\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cofcos-joy-city-adopts-asset-light-approach-to-china-shopping-mall-growth\/","url_meta":{"origin":60366,"position":4},"title":"Cofco\u2019s Joy City adopts asset light approach to China shopping mall growth","date":"July 12, 2016","format":false,"excerpt":"\r Joy City, the Hong Kong-listed commercial property arm of Cofco, mainland China\u2019s biggest food supplier, has continued to expand at a steady pace, successfully opening seven malls in nearly a decade, despite increasing competition.\r \r Source : South China Morning Post\r Read more...Cofco\u2019s Joy City adopts asset light approach\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106923,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mall-landlords-mix-gaming-golf-and-fashion-with-retailing-as-they-search-for-oomph-to-hang-on-to-return-shoppers\/","url_meta":{"origin":60366,"position":5},"title":"Hong Kong\u2019s mall landlords mix gaming, golf and fashion with retailing as they search for oomph to hang on to return shoppers","date":"May 8, 2019","format":false,"excerpt":"\r The landlords of Hong Kong\u2019s shopping centres are combining entertainment with retailing to turn many of the city\u2019s malls into lifestyle destinations, a strategy for hanging on to returning customers as they compete with the increasing popularity of e-commerce.At least three malls in Mong Kok, Causeway Bay and Tsim\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\/60366"}],"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=60366"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60366\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}