Hong Kong's retail property market is recovering as consumer and tourist spending returns, with retailers shifting toward experience-driven and diverse tenant mixes rather than returning to previous peak rental levels.

South China Morning Post

Hong Kong’s retail property market is gradually building momentum as spending and confidence of consumers and tourists return, according to analysts.
Unlike the city’s past peak rental levels, however, this time the tenant mix was more diversified, with retailers offering unique experiences and products that enhanced their appeal to shoppers, they said.
“We see structural shifts towards more experience-driven and diversified tenant mixes, rather than a full return to past peak rental levels,”...