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Rising Hong Kong rents hit retailers (USATODAY.com)
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Newshound



Joined: 30 May 2005
Posts: 753

Posted: Tue May 31, 2005 1:19 pm    Post subject: Rising Hong Kong rents hit retailers (USATODAY.com)  

USATODAY.com - In prime retail areas here, landlords are doubling rents and kicking out old and unfashionable tenants in a frenzied move to replace them with premium-paying designer boutiques, jewelry stores and electronics shops, all of which feed off the territory's expanding tourist trade.

[url=http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/news?tmpl=story&u=/usatoday/20050531/bs_usatoday/risinghongkongrentshitretailers]Read more...[/url]
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