retail real estate Archives - Inside Retail Asia
Hong Kong retail real estate sales are showing signs of growth, with more transactions in January than in every month of last year except December.
A “steady if cautious” Hong Kong retail recovery is clearly underway, according to a report from Savills released today.
The Hong Kong retail real estate market remains flat, says Savills.
Strong economic prospects and favourable demographics will continue to see Asia Pacific’s retail landscape evolve – but the speed of growth with differ across markets, writes Lee Fong* of JLL. A growing, wealthier consumer base will present many opportunities; however, retailers and mall operators are likely to be more selective about growth strategies as competition intensifies. In emerging Asia Pacific, Tier 2 and 3 cities will gain prominence as retailer presence and shopping centre stoc…