{"id":97518,"date":"2018-09-09T02:45:42","date_gmt":"2018-09-08T19:45:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-centres-are-thirsty-for-bubble-tea-shops-which-pay-high-rents\/"},"modified":"2018-09-09T03:05:17","modified_gmt":"2018-09-08T20:05:17","slug":"shopping-centres-are-thirsty-for-bubble-tea-shops-which-pay-high-rents","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shopping-centres-are-thirsty-for-bubble-tea-shops-which-pay-high-rents\/","title":{"rendered":"Shopping centres are thirsty for bubble tea shops \u2014 which pay high rents"},"content":{"rendered":"


\nRetailers selling yogurt, Japanese ice cream or cheesecake treats once were the major driver of leasing demand for tiny shops in prime locations. Now it\u2019s bubble tea\u2019s turn.
\nThe explosive expansion of Taiwanese bubble tea shops has outpaced any of the earlier waves of retailers selling drinks and snack food.
\n\u201cThere are 30 brands in our shopping malls in Hong Kong, and we will have more to come,\u201d said Maureen Fung Sau-yim, executive director of Sun Hung Kai Properties (…
\n
\nSource : South China Morning Post
\nRead more…Shopping centres are thirsty for bubble tea shops \u2014 which pay high rents<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Retailers selling yogurt, Japanese ice cream or cheesecake treats once were the major driver of...<\/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-97518","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-pmS","jetpack-related-posts":[{"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":97518,"position":0},"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":111608,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-offers-relief-for-struggling-retailers-plans-to-waive-rents-on-days-shopping-centres-are-closed-due-to-protests\/","url_meta":{"origin":97518,"position":1},"title":"Sun Hung Kai offers relief for struggling retailers, plans to waive rents on days shopping centres are closed due to protests","date":"October 15, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, which owns 12 million sq ft of retail space in Hong Kong, said it will waive rents and other expenses on days its shopping centres remain closed because of the protests.Hong Kong\u2019s largest developer by market value has had to close some of its shopping\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-stage-unprecedented-strike-in-14-shopping-centres-to-demand-lifeline-as-foot-traffic-plunges-amid-coronavirus-outbreak\/","url_meta":{"origin":97518,"position":2},"title":"Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak","date":"February 18, 2020","format":false,"excerpt":"\r Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong on Tuesday in an unprecedented strike to demand rental cuts, as plunging foot traffic caused by months of anti-government protests and a coronavirus outbreak threatens to decimate the industry.Confectioner Lady M, the French sportswear brand Lacoste distributed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101181,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retail-dilemma-accelerated-high-street-store-closures-in-uk-gives-rise-to-fears-about-future-role-of-town-centres\/","url_meta":{"origin":97518,"position":3},"title":"Retail dilemma: accelerated high street store closures in UK gives rise to fears about future role of town centres","date":"November 12, 2018","format":false,"excerpt":"\r British retailers have called for \u201cdecisive action\u201d from the government to support the battered high streets after new data showed the number of shops, pubs and restaurants lying empty has soared by more than 4,400 in the first six months of this year. Closures increased by nearly 17 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pop-up-stores-to-increase-in-hong-kong-as-rents-for-retail-space-continue-to-rise\/","url_meta":{"origin":97518,"position":4},"title":"Pop-up stores to increase in Hong Kong as rents for retail space continue to rise","date":"May 1, 2018","format":false,"excerpt":"\r Pop-up stores are not only the answer to shopping malls striving to meet ever-changing customer demands, but they are also for new retailers to test the water without having to pay exorbitant rents as the retail market recovers from a three-year decline, say operators and analysts.\u00a0 \u201cLocal consumption demand\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-prices-of-hong-kong-shops-in-core-shopping-districts-could-sink-80-per-cent-in-next-two-to-three-years-property-agency-says\/","url_meta":{"origin":97518,"position":5},"title":"Rents, prices of Hong Kong shops in core shopping districts could sink 80 per cent in next two to three years, property agency says","date":"March 4, 2020","format":false,"excerpt":"\r The rents and prices of shops in Hong Kong\u2019s core shopping districts could plunge to 2006 levels \u2013 a decline of 40 per cent \u2013 by the end of this year, Midland IC&I, an agency that has tracked shop vacancies since 2016, said on Tuesday.Rents and prices could even\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\/97518"}],"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=97518"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97518\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}