EconomyKing Fook expands with US$34 million Admiralty lease despite slowing luxury sales
Analysts said King Fook Jewellery Group’s six-year lease of a 550-square-metre retail space at Pacific Place Phase II in Admiralty signals confidence in Hong Kong’s retail market despite weakening luxury demand. The lease carries about HK$268.5 million in total base rent, or roughly HK$3.73 million monthly.
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South China Morning Post★★☆☆☆2026-10-13 04:00Original
King Fook expands with US$34 million Admiralty lease despite slowing luxury sales
Economy