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Hong Kong retail leasing market gets off to a positive start in 2019
30 January 2019
Prominent real estate advisor Savills saw both prime street shop and shopping centre rents remained flat during 2018 and rental growth had all but ground to a halt by Q4/2018 due to a weak sales performance. We forecast retail rents will rise modestly by less than 5% this year but note that 2019 has already got off to a positive start and risks are to the upside.