News Snapshot:
COVID-19 weighs on 2 of HK’s largest retail landlords | Hong Kong 2020-07-30 14:51:35 Individuals sit on steps of Ocean Terminal Deck at Harbour Metropolis shopping center, operated by Wharf Holdings Ltd, in Hong Kong, Dec. 20, 2018. (PHOTO/BLOOMBERG) Two of Hong Kong’s largest landlords reported lackluster outcomes Thursday, early proof of how deep the retail ache extends within the metropolis. READ MORE: HK landlords begin to slash retail rents as virus bites Losses at Wharf Actual Property Funding Co sank to HK$4.45 billion (US$574 million) for the six months ended June 30 from a HK$7 billion revenue the interval...
