Harbour City

New Business

Hong Kong retailers cheer sales boom, but shop rental hikes may not follow any time soon

Ever since Hong Kong’s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether…

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New Business

New trend among fashion brands: setting up cafes to drive up store traffic

A new trend has emerged in Hong Kong’s commercial property landscape as the retail sector slowly recovers: non-food and beverage…

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New Business

Chinese fast-fashion retailer opens flagship Urban Revivo store in Hong Kong

Fashion Momentum Group (FMG), a Chinese fast-fashion retailer, opened a flagship store of its Urban Revivo brand in Hong Kong…

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New Business

Hong Kong’s Times Square owner says earnings sink on weak retail, property market

Wharf Real Estate Investment Co, one of Hong Kong’s biggest commercial landlords, said earnings tumbled last year as revenue from…

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New Business

Opinion | When will Hong Kong stop building skyscraping boxes with bay windows?

Undersecretary for Development David Lam Chi-man recently called for a fresh “facilitator” mindset to streamline the project vetting and approval…

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New Business

Wharf REIC slips into losses as Hong Kong’s property rebound stalls, retail sales weaken

Wharf Real Estate Investment Company (REIC), one of Hong Kong’s biggest commercial landlords, slipped into a loss in the first…

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New Business

Wharf, REIC warn of rare losses as Hongkongers’ northbound sojourns add to retail slump

Two of Hong Kong’s biggest property developers warned that they may report losses in the first six months of 2024,…

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