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Showing posts from September 28, 2024

How has the pandemic affected Hong Kong's commercial property market?

 The pandemic has significantly impacted Hong Kong's commercial property market, leading to various structural changes and challenges. Here are some key effects: 1. Reduced Demand for Office Space: The rise of remote work during the pandemic reduced the demand for office spaces. Many companies downsized or delayed leasing decisions, leading to a decrease in office rental prices. 2. Shift in Retail Sector: Hong Kong's retail sector, heavily reliant on tourism and consumer foot traffic, was hit hard by the travel restrictions and social distancing measures. Retail rents dropped significantly as many businesses closed or renegotiated leases. High-end shopping districts, once bustling with tourists, saw vacancies increase. 3. Increased Vacancy Rates: Both the office and retail sectors experienced increased vacancy rates, especially in prime commercial areas. The uncertainty about the recovery of tourism and consumer confidence exacerbated this trend. 4. Tenant-Friendly Market: With...

How do I make networking my superpower?

  To make networking your superpower, you can focus on developing real relationships and a strategic approach. Here’s a step-by-step guide: 1. Change your thinking: Valuable relationships: Understand that networking is about building mutually beneficial relationships, not just asking for help. Giving first: Approach every relationship by thinking about how you can provide value, even if that value is small. Be a resource. 2. Build Authentic Connections: Be authentic: Engage with others authentically and find common ground. Ask questions, show interest, and listen actively. Constant follow-up: Stay in touch with everyone. This could be by sending an email or a quick message just to check in. 3. Leverage Social Media: Be present across platforms: Stay active on LinkedIn, Twitter, or platforms relevant to your industry. Engage with content, share ideas, and engage in conversations. Build a Personal Brand: Share content or updates that reflect your expertise ...

Do you think the temporary traffic restrictions for the Kovalam Marathon are justified considering the benefits of hosting such an event?

  events such as the Kovalam Marathon are often justified given the wider benefits these events bring. Here is a breakdown: 1. Promotes Health and Fitness: The marathon promotes fitness and healthy lifestyle. Kovalam, famous for its beaches, has a beautiful environment that attracts national and international participants, benefiting the health of the community. 2. Economic stimulus: Such events can boost the local economy, especially for hotels, restaurants and shops as they attract tourists and attendees. 3. Tourism and Branding: Organising marathons makes Kovalam a sports tourism destination. International