Hong Kong retail marketview Q1 2012 [electronic resource]
Hong Kong retail marketview Q1 2012 [electronic resource]
- Hong Kong CBRE 2012
- CBRE Hong Kong Offices Marketview Q1 2012 1 June 2012 .
Retailers with tourist-driven activities continue to seek a greater presence in key shopping districts with most competition coming from the cosmetics, luxury brands and jewelry sectors. Given the tight supply of prime retail space average prime high street retail rents continued upwards in Q1 but at a slower rate than in 2011. Landlords are actively reshuffling their tenant-mix to cater for more luxury brands. Prime retail rents are expected to continue upwards, albeit at a slower pace of growth than in 2011. Quick stats -- hot topics -- overview -- Hong Kong Island -- Kowloon -- selected leasing transactions in Q1 2012 -- prime shopping districts in Hong Kong.
Hong Kong
Retailers with tourist-driven activities continue to seek a greater presence in key shopping districts with most competition coming from the cosmetics, luxury brands and jewelry sectors. Given the tight supply of prime retail space average prime high street retail rents continued upwards in Q1 but at a slower rate than in 2011. Landlords are actively reshuffling their tenant-mix to cater for more luxury brands. Prime retail rents are expected to continue upwards, albeit at a slower pace of growth than in 2011. Quick stats -- hot topics -- overview -- Hong Kong Island -- Kowloon -- selected leasing transactions in Q1 2012 -- prime shopping districts in Hong Kong.
Hong Kong