Chow Tai Fook abandoned the third of the year
Chow Tai Fook and then rent the core area of the shop, its Mong Kok Sai Yeung Choi Street over a thousand feet shop, the monthly lease of about 1.3 million yuan, the lease expires, for the group within one year of the same place abandoned 3 shop. Another group to about 38 million renewal of the same district Nathan Road shop, rent down about 40%.
Re-demolition of two luggage monthly rent of about 700,000
Mong Kok Sai Yeung Choi South Street 34 to 36 underground, the original Chow Tai Fook jewelry rental, the brand recently filled and posted notice that the lease expires the end of the business. According to the information, the shop area of about 1,300 square feet, due to the two tenants to lease, Chow Tai Fook in 2012 to about 1.5 million yuan to hire shops, 66% higher than the old rent, and after the monthly rent has increased to 1.8 million, Now because of the savings on rent, about no longer rent. Shop by the board long sushi Zheng Weitao held, Zheng Weitao said, Chow Tai Fook in the early renewal, the monthly rent has been reduced to about 1.3 million, but ultimately decided not to rent. He said that because the property is two groups of shop group, is now re-split two shops leasing, each shop monthly lease of about 600,000 to 700,000 yuan.
In fact, this year Chow Tai Fook continue to abandon the core area of high-priced shops, such as Sai Yeung Choi Street 1L to 1M all the buildings, the old rent of about 1.8 million, and last year to give up the Cape of Good Hope giant shop, the old rent of 405 million. In other words, Chow Tai Fook in a year, the cumulative abandoned Sai Yeung Choi South Street 3 stores.
Yifeng building all the price of 550 million
Mong Kok for the traditional retail core area, watches and clocks jewelry still retains individual core shops, rents fell significantly. The news, Chow Tai Fook to 38 million yuan per month, to renew 669 Nathan Road, Mong Kok underground, an area of about 1,000 square feet, about $ 380 rent. It is understood that the brand in 2014 to 63,000 yuan per month rental shop, rent is down 40%.
The gross floor area of the Million Fung Group Building, No. 1, Jian Fat Lane, Tuen Mun, is about 106,713 sq ft and the intention price is about $ 550 million. The price of about 5,154 yuan. The property is now a 12-storey industrial building. The site area is about 11,000 square feet and the redevelopment floor area is about 104,500 square feet.