23/11/2017-8

The core area of ​​short-term profit reduction opened the store closed slowdown

Towards the end of the year, Lee Seong Seobu started to actively short-sell bunk shops in the market. However, the market rebound this year and the availability of short-term berths in the core area will be reduced. As a result, the opening of such short-term sellers will be slower than previous years.

Recently, the profit-making shops in Shouliu City, including Shop D, G / F, 32-34 Haiphong Road, Tsim Sha Tsui, have an area of ​​800 square feet and have recently been leased for 300,000 yuan at an average cost of 375RMB.

Argyle Street shops in Mong Kok for rent

Ground floor, 71 Argyle Street, Mong Kok, with an area of ​​1,200 square feet and recently rented at $ 200,000, or an average lease of $ 167.

Li Haobin, director of Hong Kong-based Wangpu Business Office, pointed out that in October last year, there was already a short-selling franchised store opened. This shows a slight delay in the opening of this year’s stores due to the decrease of rents in prime districts in recent years, He said: “Some branded bulk stores only rent to Christmas or the end of the year, but the Lee Seong Fook store will be leased to the Lunar New Year. At present, the rent of brands or long-term commercial tenants is expected to increase. More or less, owners feel Too long a short term will hinder long-term tenants from leasing. “He predicts that the number of shortened leasing stores will decrease from last year, but this phenomenon also reflects the official pick-up in bazaars.