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Hong Kong s luxury retail gets a boost as Louis Vuitton returns to Times Square in Causeway Bay after 3-year gap

Hong Kong s luxury retail gets a boost as Louis Vuitton returns to Times Square in Causeway Bay after 3-year gap
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Times Square, Harbour City owner Wharf Reic recovers from Covid to post US$230 million first-half profit

Wharf Reic reported a net profit of HK$1.8 billion (US$230 million) for the first half versus a HK$1.5 billion loss a year earlier, but said recovery was ‘impeded by global geopolitical and economic uncertainties’.

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Hong Kong developers likely to declare higher dividends this year amid healthier liquidity , S&P report says

Twelve developers are forecast to pay out a combined US$25.2 billion, an increase of 13.3 per cent from a year ago, says a report by S&P.

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Hong Kong mall and office landlord Wharf Reic says unless economy recovers quickly, situation will be difficult to deal with

Wharf Real Estate Investment Company (Wharf Reic), which owns the Harbour City and Times Square shopping centres in Hong Kong, said it expected business to be difficult amid Hong Kong’s most serious Covid-19 outbreak yet.

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