Hong Kong’s retail rents were broadly unchanged in the last quarter, amid softer retail sales and a lack of new lettings, according to Savills in its Market in Minutes – […]…
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Hong Kong pipped by New York for most expensive retail destination in the world
Hong Kong has slipped to second place in global retail street rankings, with New York’s Upper Fifth Avenue ranked as the most expensive retail destination in the world in 2022. SEE ALSO: Maison [̷…
City landlords urged to rescue retailers from drowning in the new wave of social restrictions
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.…
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?…