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TOPIC

Retail properties

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.
Hong Kong property

‘Upstairs’ moves downstairs: Hong Kong shops head to street level as rents fall

Retailers and restaurants adjust to lower rents and weaker demand, with operators expanding at ground level and testing pop-up formats.

Middle East tensions add uncertainty to Hong Kong retail rents, Wharf REIC says

China’s shoppers head for suburban outlets, a bright spot in retail property

Outlet spending nearly doubles to around US$36 billion over five years, prompting investment surge while urban malls suffer high vacancies.

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

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