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Retail properties
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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.
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Hong Kong property
Hong Kong’s battered retail sector about to turn around: UBS, JLL
UBS revises its 2025 forecast to flat from a 5 per cent decline, while JLL sees signs of stabilisation as Shenzhen shopping craze cools.
26 Mar 2025 - 10:35AM
Hong Kong property
Stephen Chow, Andy Lau poised for windfalls as their property rents rise
19 Mar 2025 - 10:30AM
Hong Kong property
Nicholas Tse, Stanley Ho’s family face falling property value amid market slump
14 Mar 2025 - 8:07PM
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Hong Kong property
Swire Pacific earnings drop 85% as Hong Kong property slump hits projects, assets
Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from the US market.
14 Mar 2025 - 1:46PM
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China property
China’s commercial properties unloved as foreign funds sell for fourth year
Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020.
13 Mar 2025 - 9:57AM
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Hong Kong
Harbour City owner says earnings sink on weak retail, property market
Earnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment properties.
10 Mar 2025 - 11:01PM
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Banking & finance
Gucci, Prada close more China outlets as luxury spending shrinks
Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.
9 Mar 2025 - 1:01PM
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Hong Kong property
Hong Kong retail property fund sells shop at 30% loss
Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million.
16 Mar 2025 - 1:07AM
China property
Hong Kong’s New World to launch ‘Front Tower’ office building in Hangzhou
Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.
3 Mar 2025 - 5:00PM
Hong Kong property
Mainland Chinese brands to lead retail leasing in Hong Kong
Mainland Chinese brands are seizing opportunities from rising tourism and an influx of migrants, analysts say.
3 Mar 2025 - 10:14AM
Retailing
FMG, Chinese fast-fashion brand Urban Revivo’s parent, eyes rapid expansion
Planned locations include Tokyo, London, Hong Kong and possibly Dubai, following New York launch.
28 Feb 2025 - 3:30PM
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Hong Kong property
Henderson releases price list for Cheung Sha Wan residential project
First 50 flats in Belgravia Place II, with a total of 248 units, are priced at HK$15,968 per square foot on average.
21 Feb 2025 - 7:03PM
Hong Kong property
Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns
Moody’s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers.
20 Feb 2025 - 8:30AM
Architecture and design
How luxury brands are creating residences as stunning as their fashion
Haute fashion maisons bring the luxe design ethos to every inch of these exclusive homes, from interiors to state-of-the-art gyms and pools.
16 Feb 2025 - 7:00AM
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
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Hong Kong property
Restaurants Eggslut, The Ark to shut Hong Kong outlets amid retail upheaval
Burger joint The Ark is closing its Russell Street outlet later this week and plans to relocate to Shenzhen to follow the shift in spending patterns.
5 Feb 2025 - 6:23PM
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Hong Kong property
Rare deals, distressed sales to prevail in Hong Kong property
Traditional investors to stay on the sidelines while educational and church organisations scoop up assets, analysts say.
3 Feb 2025 - 9:47AM
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Hong Kong
Editorial
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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
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
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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
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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
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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
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