More than 60,000 stores will be on the brink of closure, while over 260,000 staff may lose their jobs without help, HKRMA warns.…
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South Korea airport announces rent deferral
The Korean Ministry of Land, Infrastructure and Transport is to allow airport commercial partners to defer rent payments from March till May.…
Incheon International Airport operators request rent adjustment
Hotel Shilla, Hotel Lotte and other duty-free operators are calling on the Incheon International Airport Corp. to temporarily lower the rent.…
Hong Kong protests leave malls empty and… the landlords?
After months of protests putting Hong Kong malls into the center of the storm, landlords are still buying time while their tenants slowly die buried under high base rents which are no longer justified…
Landlord in Causeway Bay cuts a rent of 44%
The landlord of Prada’s retail store in Causeway Bay is offering to slash monthly rent by 44 per cent for next year.…
Looking for a retail space to expand into Malaysia?
EXCLUSIVE : Malaysia Retail Rents Map…
The most expensive place to rent an office in the world
Can you guess?…
NYC’s 5th Avenue is no longer the world’s most expensive retail street by rental value
Who trumped New-York City’s 5th avenue?…
SINGAPORE : Prime retail rents to stagnate at $35 psf
Despite economic growth in Singapore, prime rents and yields, which reached $35 psf per month and 4.3% respectively, are expected to stay flat, Savills Investment Manager said.…
Lotte Duty Free files complaint against airport
Lotte Duty Free submitted a report to the Fair Trade Commission regarding its rent feud with Incheon International Airport, according to the leading duty-free operator. Lotte’s assertion is that Inche…