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Savills

Savills Archives

Hong Kong could see retail exodus, rent decline during 2021

Many retailers are waiting out the terms of their leases to “hand back the keys” when the opportunity arises.
Hong Kong retail store for lease

Hong Kong retail rent decline shows signs of bottoming out

Hong Kong’s retail-leasing market showed signs of bottoming out at the end of the third quarter as non-mainstream retail...

Retail real estate investors in Hong Kong demand massive discounts

Retail real estate investors in Hong Kong are seeking discounts ranging from 30 to 50 per cent compared to previous peak...

Many Hong Kong retail landlords rally to rent reduction call

Landlords in premium Hong Kong retail areas are proving flexible on rents as retailers experience an unprecedented drop ...

How China retail is emerging from the coronavirus crisis

Savills China Retail predicts a full recovery of the country’s retail sector post coronavirus will probably happen in th...

Hong Kong street-front rents are down more than 50 per cent from their peak

Hong Kong street-front rents have plunged by 54 per cent from their peak in the first quarter of 2013, according to data...

Hong Kong’s retail leasing market easing

Hong Kong’s retail leasing market is showing signs of slowing in tandem with easing retail sales.

Hong Kong retail rents tipped to turn

Hong Kong retail rents are tipped for a modest rise of up to 5 per cent this year according to a research report from re...

Hong Kong retail “at a tipping point”

The Hong Kong retail industry is at a tipping point - but which way will it swing?

Prime Hong Kong street-shop rents rise faster than expected

Prime Hong Kong street-shop rents rose 4 per cent in the first three quarters of this year.