Published: June 9th, 2023,
Last updated: June 9th, 2023

With tourists returning to Hong Kong, retail sales are rising – and rents are following suit. The current post-Covid record is set by three floors in Hong Kong’s Tsim Sha Tsui shopping district at the tip of the Kowloon Peninsula. An as-yet-unnamed company pays seven million Hong Kong dollars (about 830,000 euros) per month for the space, according to a report in the Hong Kong Economic Times. The 80,000-square-meter space in the Silvercord shopping center previously housed Swedish textile chain Hennes & Mauritz.