Hong Kong landlords combat tough retail environment by offering rent discounts to tenants
Hong Kong’s retail landlords are extending more rental discounts to their tenants, property agents said, amid a tough operating environment. Japanese supermarket chain Don Don Donki will be keeping its 17,332 sq ft of space across two floors at 100 Queen’s Road Central for HK$900,000 (US$115,456) a month, a 25 per cent reduction from the…