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The character of Hong Kong streets and shopping malls is changing as more overseas food and beverage operators and retailers catering to local consumers move to the city to take advantage of sharp falls in rent, says Tom Gaffney, CBRE’s managing director for…
Vacancies at retail malls in the central region hit a five-year high in the first quarter of the year, driven largely by more vacant space in the Orchard sub-market. The rate went up from 8 per cent to 8.7 per cent, analysis from Colliers showed, the highest…
Nine retail shops and a café have opened in the recently-inaugurated 105,000-square-metre Midfield Concourse of Hong Kong International Airport (HKIA). In addition to the new shops, there are also outposts and a money-exchange kiosk. “The Midfield Concourse…
