Retail in Asia

In Shops

Hysan Place driving up rents in HK’s Causeway Bay

Hong Kong’s prime shopping district Causeway Bay is undergoing a facelift with rapid changes in retail tenants because of the upcoming launch of the Hysan Place retail and office complex.

"We’re seeing more leasing deals for retail properties in Causeway Bay," said Terence Chan Yiu-fung, Jones Lang LaSalle’s local director for the retail sector.

"Hysan Place will soon be completed, and this has prompted shops in nearby streets such as Yun Ping Road, Kai Chiu Road and Lee Garden Road to make changes.

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(Source: scmp.com)