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Retail

Specialised retail experts providing a full spectrum of services for retailers, landlords and investors

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With 18 retail focussed professionals covering the Hong Kong market, the JLL Retail team provides expert advice across a full range of retail requirements. With dedicated teams we focus on three main service lines for retailers, landlords and investors. 

For retailers we work the whole life cycle from initial market entry studies to acquiring stores in prime streets and malls all the way through to portfolio consolidation and optimisation. 

For landlords we have represented the best shopping mall landlords in the country providing them initial development feasibility studies, tenant mix studies and leasing as well as ongoing tenant mix optimisation. 

For investors we provide the latest and most up to date data on how the dynamic Hong Kong market is moving and where the opportunities lie. 

​Combined with our market leading research capability we have an unrivalled track record on delivering real value to our clients through the application of international retail best practices tailored to suit the local market.


Fast Facts:

  • Transacted in excess of 16 million square feet;

  • Represent the world's leading international brands in the luxury, fast fashion, banking, F&B, lifestyle and entertainment sectors;

  • The Hong Ko​ng team has been established for more than 42 years.​

Retail Leasing​

Here at JLL, we work tirelessly to bring your retail strategy to life. Our retail team is known as the most creative in the industry. By leveraging our market-leading research, and with over 20,000 landlord contacts and 250 years of combined professional retail experience, our team can find you the right space or tenant in the right location at the right price and time.

Tenant Representation

Whether you're looking to rationalise your property portfolio or are making the big decisions over when, where and how to expand, you need intelligent advice from people who understand your brand.

Our tenant representation and research teams live and breathe retail. We collaborate seamlessly to give you an unrivalled perspective on local markets and global trends, ensuring you access the right locations, open stores at the right time and get them open fast.

 

 

Related news and research

 

 

Strong Leasing Momentum Pushes Rents up Across-the-Board/hong-kong/en-gb/news/662/strong-leasing-momentum-pushes-rents-upStrong Leasing Momentum Pushes Rents up Across-the-Board<p style="text-align:justify;"><strong>HONG KONG, April 25, 2018</strong> – Strong leasing momentum driven by tenant decentralisation and sustained expansionary requirements from PRC occupiers has pushed rents up in the office market as a whole, according to JLL's latest <a href="http://www.jll.com.hk/hong-kong/en-gb/research/353/2018-property-market-monitor-hkg-apr-2018">Property Market Monitor</a>.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Hong Kong East continued to lead the way with rents growing 0.6% m-o-m on the back of strong pre-leasing at One Taikoo Place in Quarry Bay. Strong interest has been shown from large occupiers, among which EY was reported to have pre-leased about 146,300 sq. ft. at the development. In Wanchai/Causeway Bay, rents advanced by 0.3% m-o-m as the vacancy rate dropped to 2.1%, its lowest level in almost two years.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">In Central, requirements from PRC banking and financial institutions remained the main drivers of rising leasing demand, accounting for 76% of new lettings in the submarket during the month. Notable new lettings included those from Huaxia Bank, which reportedly leased 14,000 sq. ft. at Two IFC to accommodate expansion plans, and Ping An Securities, which expanded out of its Sheung Wan offices to lease a whole floor of approximately 14,300 sq. ft. at CITIC Tower in Admiralty.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Net absorption amounted to 376,700 sq. ft. with rents in the overall market rising a further 0.2% m-o-m in March.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Alex Barnes, Head of Markets at JLL, </strong>says: "Rents in Central are poised to surge ahead as Mainland Chinese companies show no signs of slowing their expansion and there are some large requirements active in a tight vacancy market.  Not surprisingly, Central's high rents and tight supply will accelerate the relocation of large occupiers to consider emerging core office districts, allowing  room for landlords in these areas to raise rents. Vacancy rates of Grade A offices are expected to tighten further and push rents higher in 2018, and beyond."</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Denis Ma, Head of Research at JLL</strong>, adds: "While prime office rents look set to head north, the retail market also maintained its strong run in 2018 with key demand drivers recording substantial double-digit growth in January-February. Retail rents are on the verge of recovery given visible improvements in the inbound tourism market and retail sales. We expect this momentum to carry through to the leasing market over the coming months."<br></p><p style="text-align:justify;"> </p><table cellspacing="0" width="100%" class="ms-rteTable-default"><tbody><tr><td class="ms-rteTable-default" style="width:14.2857%;"><strong>Grade A Office Vacancy Rates</strong></td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td></tr><tr><td class="ms-rteTable-default"><strong>Period</strong></td><td class="ms-rteTable-default"><strong>Overall</strong></td><td class="ms-rteTable-default"><strong>Central</strong></td><td class="ms-rteTable-default"><p style="text-align:justify;"><strong>Wanchai /</strong></p><p style="text-align:justify;"><strong>Causeway Bay</strong></p></td><td class="ms-rteTable-default"><strong>Hong Kong East</strong></td><td class="ms-rteTable-default"><strong>Tsimshatsui</strong></td><td class="ms-rteTable-default"><strong>Kowloon East</strong></td></tr><tr><td class="ms-rteTable-default"><strong>End-Mar 18</strong></td><td class="ms-rteTable-default">4.6%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.1%</td><td class="ms-rteTable-default">2.4%</td><td class="ms-rteTable-default">2.4%</td><td class="ms-rteTable-default">11.8%</td></tr><tr><td class="ms-rteTable-default"><strong>End-Feb 18</strong></td><td class="ms-rteTable-default">5.0%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.8%</td><td class="ms-rteTable-default">4.4%</td><td class="ms-rteTable-default">2.5%</td><td class="ms-rteTable-default">11.8%</td></tr></tbody></table><p style="text-align:justify;"><strong><em>Source: Research, JLL</em></strong></p><p style="text-align:justify;"> </p><p style="text-align:center;">– ends –<br></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
Are Macau’s Retail Glory Days Returning? /hong-kong/en-gb/news/special/71/jll-retail-macau-retail-recovery-2018Are Macau’s Retail Glory Days Returning? It’s not just VIPs that are driving Macau’s shopping and F&B rebound0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64
Enterprise and Expansion: How Calzedonia Group Conquered Hong Kong’s Streets and Shopping Malls /hong-kong/en-gb/news/special/70/jll-retail-calzedonia-case-studyEnterprise and Expansion: How Calzedonia Group Conquered Hong Kong’s Streets and Shopping Malls Strategic approach helps legwear and lingerie brands pioneer move into the city’s first tier retail market0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64

 

 

Residential Leasing Market Snapshot – 1Q18/hong-kong/en-gb/research/356/resi-leasing-snapshot-1q18Residential Leasing Market Snapshot – 1Q18Availability of high-quality residential leasing stock to tighten0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Property Market Monitor - April 2018/hong-kong/en-gb/research/353/2018-property-market-monitor-hkg-apr-2018Hong Kong Property Market Monitor - April 2018Retail market sees an evident comeback in visitor arrivals and retail sales0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Economic Monitor - April 2018/hong-kong/en-gb/research/351/economic-monitor-2018-04Hong Kong Economic Monitor - April 2018How much of a bump in retail sales can we expect from the completion of new transport infrastructure linking Hong Kong with the GBA?0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045