In the bustling Khuong Dinh Ward of Hanoi, Thuy Ngan recently faced a tough decision: stay put or move. Her landlord had decided to raise the rent on her 20-square-meter apartment from VND3.8 million (US$144) to VND4.2 million, a 10% increase starting this…
Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month. But it has criticized the city’s landlords generally for failing to share the burden of a decimated retail market in…
Hong Kong retail landlords are expected to be more flexible with lease terms as the market continues to recover, says real-estate consultancy Knight Frank. With four consecutive months of positive growth, retail sales value rose another 0.1 per cent year on…
Retailers and landlords in Singapore can look forward to greater retail rental transparency after the details of the Fair Tenancy Consideration Framework are unveiled, probably this month. The framework will comprise three components: data transparency,…