Hong Kong: the second half of the textile rent gradually picked up

Lu Zhanhao, director of Hong Kong, said that the retail winter has passed, is expected in the second half of the retail rent will gradually rise, the vacancy rate will decline.

Hong Kong has been surveyed at Tsim Sha Tsui, Mong Kok, Causeway Bay and Central. The overall street vacancy rate is 8.8%. Among them, Causeway Bay is the most serious, with nearly 129 Yipu, with a vacancy rate of 12.1% and Tsim Sha Tsui There were 174 Yipu, up 1.3% year-on-year and, on the other hand, there was a downward trend in Mong Kok and Central, representing 7% and 8.3% vacancy rates respectively. Mr Lu said that as the number of recent visitors arriving and the overall retail sales rebounded, it was believed that the worst of the shops had passed. It is expected that the market will stabilize in the second half of the year, but the rent will still fall by about 5% Is expected to stabilize.

Hong Kong, Hong Kong, Hong Kong, Tsim Sha Tsui, Causeway Bay and Causeway Bay are affected by the reduction of passengers. The rent reduction has been reduced by 6 to 7%. I believe the vacancy rate in the two districts has peaked and the second half has started to fall.

In addition, there are nearly 50 short-term and short-haul shops in the quad-core area, mainly concentrated in Mong Kok and Tsim Sha Tsui. Bao Changhua said that some owners are reluctant to reduce their sales and rent, but in order to avoid vacant vacancy, Rent out.