Shop rents in top spots head lower

Shop rents for first-tier streets in prime retail areas are set to hit a downward slope after reaching their peak in the past few years, with fewer mainland big spenders to support the aggressive expansion of luxury goods stores.

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Shopping-Center Owners Start Year With Optimism as 4th-Quarter Rents Rise

U.S. shopping center owners are starting 2015 on an optimistic note thanks to a solid holiday season and rising rents throughout 2014.

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Shopping mall rents likely to stay flat this year: Colliers

Colliers International expects rents for prime ground-floor retail space in the Orchard Road district to range between a drop of 1 per cent and a rise of 1 per cent for 2015, while those for regional centres could plateau at between 0 and 2 per cent.

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Franco-Era Rents Law Expiry Spells Doom for Spain's Shopkeepers

Angel Garcia, whose family has sold hand-tailored shirts since 1857, will be shutting his shop on Madrid's Gran Via in the New Year after his landlord decided to raise the rent almost 10-fold. At the stroke ...

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Hong Kong Shop Rents May Fall 5% as Shopping Slows

Hong Kong shop rents are set for their worst year since the global financial crisis as mainland Chinese visitors spend less amid a slowing economy and the nation's anti-extravagance drive. Retail rents ...

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Hong Kong Shop Rents Seen Falling 5% as Shopping Slows - Businessweek


Businessweek

Hong Kong Shop Rents Seen Falling 5% as Shopping Slows
Businessweek
Leases on main shopping streets are set for their weakest growth since 2009, and could drop as much as 5 percent in 2015, according to Jones Lang LaSalle Inc. “What's happening now is that demand drivers are slowing,” said Denis Ma, head of Hong Kong ...

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Hong Kong Shop Rents Seen Falling 5% as Shopping Slows - Bloomberg


Bloomberg

Hong Kong Shop Rents Seen Falling 5% as Shopping Slows
Bloomberg
Shopping Malls. Street shops in Hong Kong, many of which are owned by individual investors, are packed with retailers catering to mainland Chinese tourists and their rents may fall more than 10 percent next year, Fitch Ratings Ltd. said in a report ...

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Hong Kong Shop Rents Seen Falling 5% as Shopping Slows

Twiggy, a small boutique selling scarves and furs, snagged a good deal on a shop a few doors down from Zara's flagship three-story Hong Kong emporium and an Omega watch store in the Central business district. ...

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Shop rents set for markdown

Disappointing retail sales and a fall in the number of mainland visitors is likely to induce lower rents in Hong Kong. Market watchers worry that international retail chain operators may review expansion plans after the first drop in Labor Day holiday arrivals since the individual visitor scheme was launched 10 years ago.

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Rising Rents Cause Wave of Change in Queens Shopping District - NY1


NY1

Rising Rents Cause Wave of Change in Queens Shopping District
NY1
There are a number of boutique stores, specialty shops and small restaurants on Austin Street in Fores Hills, but you have to search to find them in between all the chain stores that have popped up over the years. Small businesses no longer dominate ...

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