Hong Kong retail rents will increase in 2018

Publication

18 January 2018 à 18h43

Updated on 10 May 2019 à 17h22

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1 minute

Publication: 18 January 2018 à 18h43, Updated on 10 May 2019 à 17h22

Reading time: 1 minute

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Publication

18 January 2018 à 18h43

Updated on 10 May 2019 à 17h22

Reading time

1 minute

Publication: 18 January 2018 à 18h43, Updated on 10 May 2019 à 17h22

Reading time: 1 minute

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According to Savills, Hong Kong’s prime rental values will grow by up to 3% in 2018 after a 2% drop in 2017. According to Cushman & Wakefield, retail rents along Hong Kong’s principal shopping streets fell by 5.5% compared with the double-digit slips in 2015/16. There has been an increasing focus on local customers to replace revenue, as visitors from mainland China declined sharply. Domestic consumers pushed up demand in the F&B sector, cosmetics and fashion.

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