Bloomberg News

Hong Kong Retail Rents Spiral Upwards

May 21, 2012

High demand for retail space in Hong Kong is driving up rents to astronomical heights. Retail rents in Causeway Bay's Russell Street are second only to those on Manhattan's 5th Avenue. And rent is expected to rise by another 15% this year. Bloomberg's Rosalind Chin reports. (Source: Bloomberg)

Running Time: 01:52


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