Hong Kong restaurants to remain in ‘survival of the fittest’ mode, analysts say

Hong Kong restaurants to remain in ‘survival of the fittest’ mode, analysts say

Tenant churn in retail properties in Hong Kong will continue in coming months, as prominent restaurants close but affordable eateries and fast-food chains thrive amid economic uncertainty and job insecurity among local residents, analysts said. Hong Kong’s food and beverage (F&B) operators have taken a hit during the ongoing economic slump, which shrank retail sales…

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Hong Kong property: Southeast Asian buyers, schools fuel revival in commercial deals

Hong Kong property: Southeast Asian buyers, schools fuel revival in commercial deals

Southeast Asian companies like lender DBS Group Holdings and fast-food chain operator Jollibee and local education institutions are giving Hong Kong’s property market a much-needed boost, fanning hopes the worst of the investment slump may have passed. Southeast Asian firms and education firms each contributed around 22 per cent of the total HK$6.28 billion (US$809…

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