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.