Air good K11 Christmas City Road, next year to increase rent 10%

Christmas approaching, Director of K11 Operations at Tsim Sha Tsui Shopping Center Hu Yujun said yesterday that the sales in this year’s shopping malls performed well. In the first 10 months of the year, the turnover increased by 10%, 15% in the past 3 months and 16% Mall rental rate up to 100%. She predicts that retail performance will be good next year and the rent of shopping malls is expected to increase by about 10%.

Hu Yujun said optimistic about the Christmas market can maintain similar growth. The theme of the constellation K11 this year will be the combination of AR App and art exhibits, including the first “Rocket Lantern” to be displayed in Hong Kong.

At present, the passenger flow of this shopping mall takes up 70% of the total number of