TOPIC
Retail properties
+ FOLLOW
Retail properties
Hong Kong ranks as the world's most expensive high-street retail destination with average rent of US$4,327 per sq ft per annum, surpassing New York, Paris, London and Tokyo by a substantial margin, according to the latest research from CBRE.
SHOW FULL PROFILE
last updated:
9 September, 2024
Hong Kong property
Hong Kong restaurateur to sell Sha Tin building amid retail distress
Yeung Wai, the chairman of Fulum Group, is offering the Big Orange, acquired in 2013 for US$64 million, via tender.
11 Feb 2025 - 4:43PM
videocam
Hong Kong property
Restaurants Eggslut, The Ark to shut Hong Kong outlets amid retail upheaval
5 Feb 2025 - 6:23PM
videocam
Hong Kong property
Rare deals, distressed sales to prevail in Hong Kong property
3 Feb 2025 - 9:47AM
Hong Kong
Editorial
|
Landing ‘Skytopia’ in economic turbulence a challenge for Hong Kong airport
Ambitious plans by city’s Airport Authority to transform facility into ‘the landmark of Asia’ rest on attracting investment.
1 Feb 2025 - 6:15AM
Hong Kong property
Hong Kong developer Hang Lung diversifies amid consumer challenges
‘We have to improve ourselves and make sure that our offering is relevant,’ CEO Weber Lo says.
28 Jan 2025 - 8:30AM
Banking & finance
How to make it in America: pressures, pitfalls for China consumer firms going global
As domestic spending falters, Chinese consumer brands are eyeing global markets, but tariffs and cultural barriers could get in their way.
26 Jan 2025 - 10:07PM
Advertisement
Advertisement
Advertisement
Hong Kong property
Tourism, student accommodation to give hotel assets a bump, experts say
A promising year awaits hoteliers as tourism rebounds and owners looking to sell their assets for better prices, industry experts say.
21 Jan 2025 - 10:06AM
Hong Kong property
Distressed property deals to rise in Hong Kong this year as sellers cut prices
High interest rates and uncertainties in the global economy are cited as reasons why distressed deals will rise in 2025.
14 Jan 2025 - 8:53AM
Hong Kong housing
Hong Kong cultural district’s housing scheme to include more arts elements
District councillors express concerns the proposed residential development may undermine art hub’s image.
10 Jan 2025 - 12:17AM
Hong Kong property
Mainland Chinese retailers make their presence felt in Hong Kong
China’s largest coffee chain opens first outlet in the city as it goes up against US rival Starbucks.
24 Dec 2024 - 11:30AM
videocam
Hong Kong property
The Center sale came at a peak and now buyers struggle to exit
Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.
21 Dec 2024 - 11:05AM
Hong Kong property
More Hong Kong shops to close, as retail shifts online
Local beauty brand JaneClare is an example of a firm that is making money online, but still values real-world spaces.
16 Dec 2024 - 9:43AM
videocam
Hong Kong property
Amid 2025 headwinds, Hong Kong landlords cut rents for Five Guys, global tenants
Analysts say brands with international appeal or unique selling points are driving new demand for retail space in the city.
5 Dec 2024 - 11:05AM
videocam
5
International Property
Hongkongers pour fresh capital into Japan’s booming hospitality sector
The favourable view of Japan’s hospitality sector is underpinned by the country’s improving economic prospects.
2 Dec 2024 - 6:00AM
Hong Kong property
New World sells Hong Kong sports park stake to parent to tackle debt
Stake in New World Sports Development, the developer of Kai Tak Sports Park, sold to Chow Tai Fook Enterprises for US$53.5 million.
29 Nov 2024 - 6:30AM
Hong Kong property
Hong Kong university pays US$334 million for Chen Hongtian’s seized office tower
Hong Kong Metropolitan University makes its second purchase in six months in this year’s biggest commercial deal.
28 Nov 2024 - 5:03PM
Hong Kong property
Art houses Christie’s, Sotheby’s show off flashy new Hong Kong showrooms
The auction houses’ glammed up spaces are a reflection of their desire to change the way they conduct business.
24 Nov 2024 - 11:30AM
Advertisement
Advertisement
Advertisement
Hong Kong property
Tsim Sha Tsui named world’s fourth most expensive shopping district
District falls from third place but is the most expensive shopping destination in Asia-Pacific, according to Cushman & Wakefield.
21 Nov 2024 - 8:21PM
Hong Kong property
China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal
Analysts approve the developer’s ‘strategic pivot’, but caution that execution remains key to its success.
17 Nov 2024 - 11:00AM
Hong Kong property
Hong Kong home sales surge to 5-month high amid easier mortgage rules
A total of 4,697 new and lived-in homes changed hands in October, reversing a two-month decline.
4 Nov 2024 - 7:16PM
Hong Kong property
As Hong Kong and Singapore age, health businesses loom larger in property market
As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.
13 Jan 2025 - 3:27PM
Hong Kong property
Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market
Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.
13 Jan 2025 - 7:50PM
Hong Kong property
Hong Kong’s office market to trail recovery in residential, retail properties
Reports of brisk weekend home sales show the housing market will outpace offices in recovery going into 2025, consultancies say.
13 Jan 2025 - 7:47PM
videocam
Hong Kong economy
Editorial
|
Retail woes call for new ways to keep Hong Kong’s customers satisfied
As another two chains pull out of Hong Kong and others reduce outlets, stores not afraid of change deserve support.
25 Oct 2024 - 7:00AM
Hong Kong property
Hong Kong developers to feel earnings pain amid high vacancy rates: Moody’s
Moody’s says office and retail property segments are likely to remain under pressure.
24 Oct 2024 - 6:32PM
videocam
Hong Kong property
From Fila to Armani, brands snap up prime Hong Kong retail spaces
With rents as much as 65 per cent below historical highs, brands from Europe, the US and Japan see a chance to make a splash.
13 Jan 2025 - 3:09PM
Hong Kong economy
Hong Kong supermarket Uselect winds down operations amid relentless retail slump
A few outlets display signs announcing closure by end of October, while Post finds residents who pick smaller shops in effort to support local.
14 Oct 2024 - 9:01AM
14
Hong Kong property
Sentiment in Hong Kong commercial property market up on lower rates, stock rally
In the third quarter, commercial real estate investment volume rose 22.6 per cent quarter on quarter to US$1.28 billion, CBRE said.
7 Oct 2024 - 8:26PM
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement