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Jul 15, 2020
Overall, retail sales for Q2 remained under pressure, dropping 34.5% YoY amidst the continued suspension of inbound tourism. However, domestic activity has spurred performance slightly, but only narrowing the monthly decline between March (42.1%), April (36.1%) and May (32.8%).Read More
Mar 23, 2021
Amid an economic downturn, there has been an increase in firms – from co-working space providers to finance companies and retailers – surrendering their spaces before contracts expire; however, our experts have not seen a further climb in vacancy due to leasing momentum slowed. Instead, they have seen new opportunities emerge.Read More
Mar 11, 2021
Across the office and retail sectors, landlords have become more flexible and are open to negotiation to secure longer and preferable lease terms. The Hong Kong Market Outlook 2021 hinted at softer leasing momentum but anticipated the office sector would bottom out by the of Q2 with retail experiencing an uptick from the low base experienced in 2020.Read More
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