Previous NextA mall in Tsim Sha Tsui has rented three floors to a dining and entertainment group for about HK$7 million per month - the biggest lease by size and value since the pandemic ended, according to a report. Visitor numbers increased from fewer than one million in January to almost 3 million in April, according to the Hong Kong Tourism Board. Leases in Tsim Sha Tsui fell 41 percent between 2019 and 2022, according to a survey by commercial property firm Cushman & Wakefield. Tsim Sha Tsui has overtaken Causeway Bay as the city's most-expensive retail district, the survey showed. The French fashion house has committed to a three-year lease for the ground-level retail space at Capitol Centre, according to government records.

Source: The Standard June 09, 2023 01:11 UTC