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Oriental Watch Bank renews lease of Hysan Place Shop for five years with monthly rent of 1.18 million yuan

2020-05-18T11:01:58.447Z


Oriental Watch (0398) announced that the lease renewal of Hysan (0014) 's G34-G35 store under Hysan Place will be for a period of five years, with a total rent of 70.7 million yuan, that is, a monthly rent of 1.18 million yuan. rent


Financial News

Written by: Lin Leqian

2020-05-18 18:45

Date of last update: 2020-05-18 18:45

Oriental Watch (0398) announced that the lease renewal of Hysan (0014) 's G34-G35 store under Hysan Place will be for a period of five years, with a total rent of 70.7 million yuan, that is, a monthly rent of 1.18 million yuan. There is a rent-free period for rent and maintenance of the property, excluding rates, owner's operating expenses, promotion levy and other expenses.

The company also announced earlier that it would renew the lease of Golden Mile Holiday Hotel in Tsim Sha Tsui for five years, with a total rent of 98.4 million yuan, or 1.64 million yuan per month.

Kowloon City Jupu split rented 40% of the boutique store kicked hot pot restaurant to rent ten thousand yuan per month

The ground floor shop of Tongcai Street in Mong Kok is divided into leased Korean snack shops. The monthly rent for the first year is 20% of the turnover

The entire building of Hennessy Road in Causeway Bay is for sale, adjacent to the Guang Department Store

Oriental Watch Bank Retail Market Retail Market Shop Market Shop Market

Source: hk1

All news articles on 2020-05-18

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