{"id":82532,"date":"2018-03-13T06:32:34","date_gmt":"2018-03-12T23:32:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-pockets-us61-2-million-profit-from-sale-of-retail-shops-in-hong-kong\/"},"modified":"2018-03-13T07:06:31","modified_gmt":"2018-03-13T00:06:31","slug":"hermes-pockets-us61-2-million-profit-from-sale-of-retail-shops-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-pockets-us61-2-million-profit-from-sale-of-retail-shops-in-hong-kong\/","title":{"rendered":"Hermes pockets US$61.2 million profit from sale of retail shops in Hong Kong"},"content":{"rendered":"


\nFrench luxury goods maker Hermes has made a profit of HK$480 million (US$61.2 million) from the sale of its flagship stores in Hong Kong\u2019s Central district, after recently relocating to a leased building nearby in the face of sluggish sales.
\nIt sold four shops, Nos 6 to 9, on the ground floor of The Galleria at 9 Queen\u2019s Road for HK$670 million to a group of companies under the name of Infinite Gain, according to Land Registry data. Infinite Gain is wholly owned by real estate fund…
\n
\nSource : South China Morning Post
\nRead more…Hermes pockets US.2 million profit from sale of retail shops in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

French luxury goods maker Hermes has made a profit of HK$480 million (US$61.2 million) from...<\/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-82532","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-lta","jetpack-related-posts":[{"id":166827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-tastes-fat-profit-in-us9-3-million-hong-kong-property-sale\/","url_meta":{"origin":82532,"position":0},"title":"McDonald\u2019s tastes fat profit in US$9.3 million Hong Kong property sale","date":"December 9, 2025","format":false,"excerpt":"\r McDonald\u2019s sold a property in Kowloon for HK$72.4 million (US$9.3 million), as the Chicago-based fast-food giant reached HK$333 million in proceeds at the halfway point in a campaign to dispose of eight Hong Kong retail properties. A company called Mega Champ bought the property in the Tai Fong Building\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-sino-land-reports-99-9-per-cent-profit-jump-as-chengdu-property-sale-boosts-bottom-line\/","url_meta":{"origin":82532,"position":1},"title":"Hong Kong developer Sino Land reports 99.9 per cent profit jump, as Chengdu property sale boosts bottom line","date":"August 31, 2018","format":false,"excerpt":"\r Hong Kong developer Sino Land said on Thursday its underlying net profit for the first half of 2018 had nearly doubled to HK$11 billion (US$1.4 billion), boosted by the disposal of a property in Chengdu, even as property sales revenue declined. The company\u2019s underlying net profit to shareholders, excluding\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estatess-subsidiary-pockets-hk26m-windfall-profit-from-fast-trades-in-evergrande\/","url_meta":{"origin":82532,"position":2},"title":"Chinese Estates\u2019s subsidiary pockets HK$26m windfall profit from fast trades in Evergrande","date":"May 31, 2017","format":false,"excerpt":"\r Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung\u2019s wife Chan Hoi-wan, has become a big winner in China Evergrande Group share price surge, making a profit of more than HK$26 million (US$3.34 million) in just a few days. Records from the Hong Kong stock exchange\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26031,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hermes-to-swap-galleria-location-for-princes-building-flagship-store-in-2018\/","url_meta":{"origin":82532,"position":3},"title":"Hermes to swap Galleria location for Prince\u2019s Building flagship store in 2018","date":"September 14, 2016","format":false,"excerpt":"\r Hermes is poised to open a flagship store occupying 10,000 square feet in Hong Kong in early 2018, switching strategy from owning its retail space to renting to help it weather the city\u2019s slump in luxury and retail sales.\r \r Source : South China Morning Post\r Read more...Hermes to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-ferry-buys-retail-space-for-us33-million-from-cassette-king\/","url_meta":{"origin":82532,"position":4},"title":"Hong Kong Ferry buys retail space for US$33 million from \u2018Cassette King\u2019","date":"August 20, 2025","format":false,"excerpt":"\r Hong Kong Ferry Holdings is buying retail shops in the New Territories from Hong Kong\u2019s \u201cCassette King\u201d David Chan Ping-chi for HK$260 million (US$33 million) as part of an expansion of its property investment business. Prosper Link Investment, a wholly owned subsidiary of the company, entered into a provisional\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-to-accelerate-investment-in-hong-kong-after-posting-25pc-interim-profit-gain\/","url_meta":{"origin":82532,"position":5},"title":"China Overseas Land to accelerate investment in Hong Kong after posting 25pc interim profit gain","date":"August 21, 2017","format":false,"excerpt":"\r State-owned developer China Overseas Land & Investment said it will accelerate investment in Hong Kong to take advantage of opportunities in the Greater Bay Area initiative after it reported first-half profit rose 25 per cent. The blue-chip developer saw net profit for the first six months expand to HK$21.7\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\/82532"}],"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=82532"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/82532\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=82532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=82532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=82532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}