{"id":60386,"date":"2017-07-11T14:19:05","date_gmt":"2017-07-11T07:19:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/retailers-shrug-redraw-hong-kong-expansion-plans-as-rents-drop\/"},"modified":"2017-07-11T14:21:08","modified_gmt":"2017-07-11T07:21:08","slug":"retailers-shrug-redraw-hong-kong-expansion-plans-as-rents-drop","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retailers-shrug-redraw-hong-kong-expansion-plans-as-rents-drop\/","title":{"rendered":"Retailers shrug, redraw Hong Kong expansion plans as rents drop"},"content":{"rendered":"


\nSix out of 10 international and local retailers plan to open new stores in Hong Kong next year, after rents in core shopping districts have plunged 41.2 per cent from the market peak in 2014, according to a survey conducted by JLL.
\nJLL said it had surveyed 50 international and local retailers and found that half of the respondents believe Hong Kong\u2019s retail market has bottomed and will recover next year.
\nAlthough all retailers believe high-street rentals are still over valued, 62 per cent…
\n
\nSource : South China Morning Post
\nRead more…Retailers shrug, redraw Hong Kong expansion plans as rents drop<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Six out of 10 international and local retailers plan to open new stores in Hong...<\/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-60386","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-fHY","jetpack-related-posts":[{"id":28461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mid-priced-brands-cash-in-on-falling-hong-kong-rents-at-expense-of-luxury-retailers\/","url_meta":{"origin":60386,"position":0},"title":"Mid-priced brands cash in on falling Hong Kong rents at expense of luxury retailers","date":"October 4, 2016","format":false,"excerpt":"\r Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing\u2019s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales\u2026","rel":"","context":"In "Property News"","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":60386,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-rents-on-the-rise-as-good-sales-prospects-draw-retailers\/","url_meta":{"origin":60386,"position":2},"title":"Hong Kong shopping centre rents on the rise as good sales prospects draw retailers","date":"November 15, 2017","format":false,"excerpt":"\r Rents at some Hong Kong shopping centres have climbed to as high as HK$1,000 (US$128) per square foot as improving sales at the city\u2019s malls increase their attraction as a location for retailers. In a stark contrast to the rising number of empty street-level shops in the city\u2019s main\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-being-offered-cheaper-rents-and-shorter-leases-even-for-prime-sites\/","url_meta":{"origin":60386,"position":3},"title":"Hong Kong retailers being offered cheaper rents and shorter leases, even for prime sites","date":"July 7, 2016","format":false,"excerpt":"\r Hong Kong\u2019s retail property market is now experiencing some of weirdest phenomena of recent times, as landlords of ground-level shops not only slash rents significantly, but also offer extremely short tenancy periods, even in prime locations.\r \r Source : South China Morning Post\r Read more...Hong Kong retailers being offered\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147280,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discounted-rents-help-mainland-chinese-retailers-snag-prime-spots-in-hong-kong\/","url_meta":{"origin":60386,"position":4},"title":"Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","date":"October 3, 2024","format":false,"excerpt":"\r The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.\r \r Source : South China Morning Post\r Read more...Discounted rents help mainland Chinese retailers snag prime spots in Hong Kong","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-cuts-rents-by-up-to-60-per-cent-as-hong-kong-issues-sos-to-support-businesses-protect-jobs\/","url_meta":{"origin":60386,"position":5},"title":"Henderson Land cuts rents by up to 60 per cent as Hong Kong issues SOS to support businesses, protect jobs","date":"February 13, 2020","format":false,"excerpt":"\r Henderson Land Development, run by Hong Kong\u2019s richest tycoon, is reducing rents for its tenants by as much as 60 per cent, joining its peers easing the strain on local businesses hit by the coronavirus outbreak.The developer, which owns retail space in more than 20 shopping malls across 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\/60386"}],"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=60386"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/60386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=60386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=60386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=60386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}