daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > General Urban Developments > DN Archives



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old February 5th, 2009, 06:14 PM   #41
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

Owners lower rents at iSquare amid downturn
5 February 2009
South China Morning Post

Associated International Hotels and parent company Tian Teck Land have lowered asking rents at iSquare, a new shopping centre in Tsim Sha Tsui, by up to 30 per cent in the wake of the economic downturn.

The companies invested HK$1.3 billion to redevelop the Hyatt Regency into the shopping centre.

Cheong Kheng Lim, the deputy chairman of Tian Teck, yesterday said they had lowered asking rents by 20 to 30 per cent from the peak level in the first quarter of last year.

The latest asking rents for retail space in iSquare ranged from HK$45 to HK$200 per square foot, said Kevin Lam, an associate director of retail services at DTZ. Rents for street-level shops range between HK$600 and HK$800 per square foot.

The annual rental income could reach more than HK$360 million if the shopping centre is fully let.

Although hard times have hit the retail sector, Mr Cheong was optimistic about leasing at iSquare and in the retail business. "Hong Kong people's buying sentiment has been damped, but increasing mainland visitors could help improve retail business," he said.

Mr Lam said more than 50 per cent of the area was under negotiation with retailers. "Many international brands have shown interest in our shopping centre as it is located in the prime location of Tsim Sha Tsui," he added.

UA Cinemas was one of the anchor tenants, leasing about 40,000 sqft, and several leasing deals would be closed in the next few weeks, he said. He expected the occupancy rate at iSquare to reach 50 per cent by the middle of the year and said it would be fully let by the end of the year.

The shopping centre is at the junction of Nathan Road and Peking Road. It has a total floor area of 60,000 sqft and is scheduled to open before Christmas this year.

The companies demolished the 36-year-old Hyatt Regency in 2005. ISquare is expected to be a major income source of Associated International and Tian Teck after completion.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote

Sponsored Links
Old February 11th, 2009, 05:44 PM   #42
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By bextra from skyscrapers.cn :

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old February 26th, 2009, 08:10 AM   #43
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

iSQUARE租出五成
5 February 2009
星島日報

由凱聯國際發展的iSQUARE國際廣場,五成樓面已獲租,並預計今年第四季可獲批入伙紙及聖誕節前入伙。鑑於去年經濟環境有所變化,地鋪意向呎租作出相應調整,下調兩至三成。

凱聯國際旗下的尖沙嘴iSQUARE,昨舉行平頂儀式。天德集團副主席鍾瓊林表示,該項目總投資額達十二億至十三億元,預計於八月竣工。因應香港經濟情況逆轉,地鋪意向呎租,已較去年租金高峰期下調兩至三成,現時招租情況良好,正在逐步落實。

第四季料批入伙紙

戴德梁行商業部助理董事林應威表示,iSQUARE國際廣場地鋪呎租達六百至八百元,樓上商場鋪位意向呎租達四十至五十元。目前已有五成樓面獲預留,最大零售租戶為一間時裝集團,預留低層近萬五方呎的鋪面。今年第四季應可獲批入伙紙,預計可於聖誕節前入伙。他亦預計,該商場全部鋪位租出後,月租金收入可達三千萬元。
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old March 2nd, 2009, 02:04 PM   #44
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

Dealmakers pound the streets
Apm targets Valentine's crowds
Yu gets new title at CBRE

11 February 2009
South China Morning Post

CB Richard Ellis's Yu Kam-hung has a new title - senior managing director of valuation and advisory services for Greater China. Before the change, Mr Yu was the senior managing director of the property consultancy's Hong Kong, Southern China and Taiwan offices.

So what's the difference, apart from dropping the three words, "Hong Kong, Southern China and Taiwan", and replacing them with "Greater China"?

"Mr Yu will now focus on valuation services in the Greater China area," a spokeswoman said. Ah Pak learned that the Greater China valuation team has 30 staff members. By comparison, the Hong Kong office has 300 employees, with a further 30 to 40 staff in the Taiwan office.

In November, the China Real Estate Valuers Association complained about a valuation by CBRE in support of a failed listing bid by Evergrande Real Estate Group.

The reshuffle sees Craig Shute given the title of senior managing director for Hong Kong and Taiwan. CBRE's offices in Southern China will be headed by locally based managing directors.Topshop eyes Tsim Sha Tsui

Shoppers for the latest women's fashion wear may soon have a new venue to go to in Hong Kong.

British fashion retail chain Topshop is looking for space to set up its first store in the city, and a prospective location is expected to be iSquare in Tsim Sha Tsui.

The retailer, part of the Arcadia Group, owned by British billionaire Philip Green, has already signed a leasing contract to set up a new store in Super Brand Mall in Shanghai. Hong Kong will be its next target.

Associated International Hotels spent HK$1.3 billion demolishing the former Hyatt Regency Hotel and building the iSquare shopping centre at the site. Maureen Fung Sau-yim, the general manager for leasing at Sun Hung Kai Real Estate Agency, expects revenue at the group's flagship shopping centre, Apm, to surpass HK$3 billion this year, from HK$2.9 billion last year.

As the Chinese and Western Valentine's days both fall this week, she hopes sales turnover will increase about 10 per cent to HK$65 million this week when compared to the previous week.

Among the sweeteners on offer at the shopping centre is a chance to buy Valentine's Day chocolates that can be decorated with the name of the customer's loved ones.

Ms Fung says about 500 chocolate box gifts have been sold so far.

Until Sunday, shoppers can also produce a receipt for any amount plus make a voluntary cash donation that will entitle them to display a Valentine Day's message.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old March 6th, 2009, 07:10 AM   #45
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By fatshe from skyscrapers.cn :



__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old March 24th, 2009, 06:19 PM   #46
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By fatshe from skyscrapers.cn :

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 1st, 2009, 05:18 AM   #47
fatshe
Registered User
 
Join Date: Dec 2005
Posts: 468
Likes (Received): 18

30-4-09

fatshe no está en línea   Reply With Quote
Old May 3rd, 2009, 05:52 PM   #48
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By 鄧麗欣之戀 from skyscrapers.cn :

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 7th, 2009, 06:35 PM   #49
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

5/2

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 7th, 2009, 07:56 PM   #50
Rachmaninov
Registered User
 
Rachmaninov's Avatar
 
Join Date: Aug 2004
Location: Hong Kong Special Administrative Region
Posts: 3,188
Likes (Received): 24

Wow I never noticed this!
__________________
Rachmaninov no está en línea   Reply With Quote
Old May 10th, 2009, 06:51 AM   #51
Skybean
天豆
 
Skybean's Avatar
 
Join Date: Jun 2004
Location: Toronto
Posts: 9,938
Likes (Received): 271

image hosted on flickr


source: http://www.flickr.com/photos/wildafong/3515081495/
__________________
My Photos」 ● Hong Kong 1|2|3 ● Macau 1 ● London 1 ● New York City 1
Photo Threads」 ● Flying Over Hong KongCity Life Series」 ● Hong KongShanghaiSeoulTokyo
Skybean no está en línea   Reply With Quote
Old May 11th, 2009, 10:58 AM   #52
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

Brand names take different growth view
Large-scale shopping centres and shaky sentiment leave retailers pondering the future

22 April 2009
South China Morning Post

The outlook is mixed for the Hong Kong retail sector with several international brands postponing their expansion plans while others are continuing with their growth strategies despite the poor market sentiment.

Developers have also adopted entirely different growth strategies for shopping centres.

Sources said well-known watch brands A. Lange & Sohne, Glashutte and Franck Muller had signed agreements with Cheung Kong (Holdings) for space at 1881 Heritage, the former Marine Police Headquarters in Tsim Sha Tsui, at the end of 2007. However, the trio have withdrawn their Heritage plans in recent months.

A spokesman for Richemont Asia Pacific, the luxury goods group that owns the A. Lange & Sohne brand, yesterday said that market sentiment was behind the decision to pull out from the 1881 Heritage site a few months ago. "Opening a new shop is a big investment. We have to consider market sentiment when making a decision."

Leo Poon, the brand manager for Glashutte Original for North Asia, said: "There is no final decision and we cannot say too much at the moment. We will make an announcement later."

Sincere Watch (Hong Kong), the distributor of Franck Muller in Greater China, declined to comment.

A spokesman for Cheung Kong did not comment on the withdrawals saying only that the company signed no retail lease agreements in 2007.

However, Cartier and Tiffany & Co had executed the lease agreements and fitting out was under way.

Jeanette Chan, the regional director of retail at consultants Sandalwood, said: "The market is very mixed. We have seen many international watch brands expanding at 1881 Heritage and iSquare in the same time."

Mainland travellers are the main source of customers for the luxury watch industry.

A property agent said mainland travellers were more familiar with the bigger international brands, such as Cartier, and shopped accordingly. However, the lesser-known brands faced higher investment risk because of the poor market sentiment.

Meanwhile, developers are divided about the outlook for the retail market.

Hong Kong Sheraton Hotel in Tsim Sha Tsui owned by Hutchison Whampoa and Tai Cheung Holdings has delayed renovations planned for this year.

According to sources, the hotel last year planned to renovate the shopping centre and improve the connection with the MTR station in June this year. However, the plan is now on hold.

A spokeswoman for the hotel confirmed that the combination of still- running leases and the market sentiment was the cause of the delay.

"We had several renovation plans last year. But we won't renovate the shopping centre this year," she said.

The spotlight is about to shine on the retail market in Tsim Sha Tsui as four large-scale shopping centres - iSquare, K11, 1881 Heritage and the Tung Ying Building redevelopment projects - are scheduled for completion over the next two years.

Eric Yuen, an analyst at Dao Heng Securities, said Nathan Road's image and position in the market was very different from Canton Road.

"But that will change when iSquare and the Tung Ying redevelopment are completed," Mr Yuen said. "This is the perfect time for Sheraton Hotel to take the six to 12 months needed to renovate its retail complex. If it launches with a new face at the same time as the other developments, it will attract more shoppers."

Other developers such as Sun Hung Kai Properties, the Link Management and Swire Properties are doing just that to catch the revival they see coming in the next few years.

Maureen Fung Sau-yim, the general manager for leasing at Sun Hung Kai Real Estate, said the company would spend HK$40 million to renovate the apm shopping centre in Kwun Tong in the second half of this year. The project will be completed next year.

"We decided to renovate apm after the global financial crisis. It's our show suite in Hong Kong as we are developing the brand and the concept for the mainland," Ms Fung said.

She said the company was optimistic about the outlook for the market as new retailers recorded 15 to 20 per cent growth in turnover after the financial crisis.

Scott Nugent, a project and development director with the Link Management, said there was a lot of potential in the company's portfolio and despite the global financial crisis, HK$1.13 billion had been earmarked for the renovation of 19 shopping centres by 2011.

Mr Yuen was upbeat, saying retail market rents and prices would outperform other property sectors.

"Although visitor arrivals dropped in recent months, I believe tourism spending will continue to go up this year," he said.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 12th, 2009, 11:44 AM   #53
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By kong from skyscrapers.cn :

__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 14th, 2009, 04:39 AM   #54
Skybean
天豆
 
Skybean's Avatar
 
Join Date: Jun 2004
Location: Toronto
Posts: 9,938
Likes (Received): 271

image hosted on flickr


source: http://www.flickr.com/photos/simonstrijbos/3524084481/

From Nathan Rd.
image hosted on flickr


source: http://www.flickr.com/photos/simonstrijbos/3524898990/


The glass on this building makes a world of a difference! It`s turning out to be quite a little gem.
__________________
My Photos」 ● Hong Kong 1|2|3 ● Macau 1 ● London 1 ● New York City 1
Photo Threads」 ● Flying Over Hong KongCity Life Series」 ● Hong KongShanghaiSeoulTokyo
Skybean no está en línea   Reply With Quote
Old May 14th, 2009, 10:53 AM   #55
Car L
Registered User
 
Car L's Avatar
 
Join Date: May 2005
Location: Hong Kong, San Francisco
Posts: 1,853
Likes (Received): 659





__________________
Buildings that don't get posted often (HK) Part I or here | Part II or here | Part III | Part IV | Part V
Artistic decorations inside and outside of the buildings
__________________
My flickr
Car L no está en línea   Reply With Quote
Old May 17th, 2009, 10:24 AM   #56
_00_deathscar
Registered User
 
Join Date: Mar 2005
Location: Hong Kong
Posts: 5,047
Likes (Received): 217

In the grand scheme of things

Quote:
Originally Posted by Skybean View Post

image hosted on flickr
_00_deathscar no está en línea   Reply With Quote
Old May 17th, 2009, 05:40 PM   #57
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

I'm a bit surprised they didn't include windows on the northern facade. The views would've been quite nice overlooking Kowloon Park (and the neon lights of Nathan Road at night) and a lot of restaurants could have occupied those corner spots.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 17th, 2009, 09:42 PM   #58
spicytimothy
...::HK.:.:.:.LA::...
 
Join Date: Dec 2003
Location: Hong Kong / Los Angeles
Posts: 1,527
Likes (Received): 7

I believe that's coz there's another old building right on the north side of the site, and they anticipate that someday that's gonna get redeveloped and block the north side completely.
__________________
"Image Is Just Your Imagination. Reality Is Rarely Revealed."
spicytimothy no está en línea   Reply With Quote
Old May 19th, 2009, 03:50 PM   #59
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

許文博:在限制中創奇迹
16 May 2009
信報

香港被形容為石屎森林,高廈大廈矗立,令人有點透不過氣,但不少則師卻在局限中尋找樂趣,許李嚴建築事務所執行董事許文博便是其中一位。他表示,港島斜路特別多,設計難度頗大,但則師往往能夠在局限中找尋出路,在限制中創造奇迹。

許文博,1970年香港大學建築系畢業的「天子驕子」,為人卻沒有半點架子,溫文博雅,說得上是人如其名。 他深信工作非為糊口,而是要造福社會,「一幢建築物落成後,屹立四十、五十年之久,則師任重道遠,所設計的建築物須與城市融為一體,又要讓公眾人士參與其中。」

擴建半島酒店殊不容易在多年的建築生涯中,他對半島酒店加建工程印象最深,「在半古典的建築物上進行加建,加建部分又須與原有部分諧協,殊不容易。」工程期間,酒店無休,客人如常入住,令施工倍添困難,「早上6、7時,已經有人食早餐」。不過,世上無難事,只怕有心人,加建工程最終順利在回歸前完成,更被譽為新舊融合的典範。多年以後,保育人士以半島酒店擴建的成功例子,游說市建局保留灣仔街市,並聲稱德國包浩斯風格的灣仔街市可以與新穎的住宅融合在一起,一如半島酒店新增部分能夠與原有建築物融合一樣,可是,許文博認為,二者不能相提並論,因為灣仔街市不能與樓上的住宅互通,半島酒店的新翼卻與原有酒店完全融合,互為一體。

「清玻璃」助賞美景 在半島酒店頂層餐廳用膳,能夠飽覽維港景色全靠一道「清玻璃」,許文博指出,半島酒店是首個採用「清玻璃」的項目。可是,有得必有失,「清玻璃」不隔熱,陽光直射,室溫大增,須透過額外的環保措施加以補救。 與半島酒店遙遙相對的國際廣場(iSquare)有異曲同工之妙,二者同樣採用「清玻璃」,讓食客一邊品嚐美酒佳餚,一邊欣賞風景。 對於不少香港人來說,iSquare是一個陌生的名字,不過卻是頂頂有名的香港凱悅酒店的「轉生」。凱悅酒店已在2006年元旦結業,業主決定在原址重建成一座三十層高商業項目,並設有二個出口接駁地鐵站。項目設有高低二塔,低塔設戲院,高塔以食肆為主。為了吸納人流,設有特長扶手電梯帶領人流前往中庭,然後再分散至低高二塔。靠近北京道的部分飲食樓層,更設有露天茶座。

設計遍布尖沙咀 許文博所屬的則樓足迹遍布尖沙咀,作品包括柏麗購物大道、半島酒店擴建工程、東企業廣場、北京道一號及iSquare等。 旗下項目不少獲獎,不過許文博卻不在乎,「獲獎是別人俾面,非我們刻意為獲獎而創作,我們只求做好本分」。 ‧李幸夷
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old May 19th, 2009, 03:51 PM   #60
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,508
Likes (Received): 17832

By 鄧麗欣之戀 from skyscrapers.cn :



__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 09:31 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu