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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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Greater Bay Area
Macau’s most opulent lodging, The 13 Hotel and Casino, up for sale again
The 22-storey luxury property in Macau’s Coloane district was estimated last year to be worth US$309 million.
20 Apr 2025 - 9:30AM
Hong Kong property
Exclusive
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Hong Kong pharmacy to become latest tenant on Russell Street amid rent slump
18 Apr 2025 - 9:30AM
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Hong Kong property
Firm tied to Philippines brand Oishi buys 2 Hong Kong shops
16 Apr 2025 - 8:03PM
China property
Swire Properties bullish on mainland China despite tariff war’s pall
Hong Kong developer says it is on the hunt for retail investments in Shenzhen amid the ‘onshoring’ of consumption, CEO says.
15 Apr 2025 - 4:44PM
China property
Luxury malls in China adjust to market reality amid dip in consumer spending
Mall vacancy rates in Beijing stood at 10.6 per cent last year and 9.5 per cent in Shanghai, according to Cushman & Wakefield.
13 Apr 2025 - 10:00AM
Hong Kong property
Hong Kong’s office segment to see faster turnaround than retail: Morgan Stanley
‘We think the Hong Kong office market is not structurally impaired,’ Morgan Stanley’s Praveen Choudhary says.
7 Apr 2025 - 9:30AM
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Hong Kong property
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Hong Kong online broker rents shop in one of the world’s costliest retail strips
Futu could be paying HK$1.2 million (US$154,000) per month in rent, a steal compared to the HK$8.6 million in monthly rent that Burberry paid in 2018.
3 Apr 2025 - 7:26PM
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
Rateable value is an estimate of the annual rental value of a property on the open market at a designated valuation reference date.
19 Mar 2025 - 10:30AM
Hong Kong property
Nicholas Tse, Stanley Ho’s family face falling property value amid market slump
Macau tycoon Stanley Ho’s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse’s shop in Central rented out at a big discount.
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
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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
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
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