Commercial Retail
High street rents to grow 8% in 2023: Colliers
This comes as Hong Kong and China reopen their borders
HK dips to 2nd place; US gets top spot in priciest retail destination report
New York’s Upper Fifth Avenue is top spot with $15,622 rent per square foot.
Total retail sales down 1.2% YoY in June
Total value for retail sales was $27.7b.
Weaker retail sales to put pressure on HK shop rentals: report
Retail sales dropped by 2.9% for the first time in five months.
Total retail sales rebounds, up 11.7% in April in face of local outbreak
The value of total retail sales was estimated at $30.2b.
Is the retail property market on its way to redemption?
In January, retail sales value jumped 4.1%YoY to $33.9b.
6 in 10 buy luxury items amidst pandemic: survey
High-end goods are becoming more popular amongst millennials.
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Commentary
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