美联工商铺维持全年铺租跌40%至50%预测 吁业主提供租金宽免
美联工商铺(00459.HK)发表零售物业市场报告,美联旺铺董事卢展豪预料,未来半年铺市「超大型调整期」仍然持续,虽然本港第三波疫情缓和,市场也憧憬疫苗面世在即,本港可望局部恢复通关,但旅游业能否复苏,更重要是视乎全球疫情发展,监於多国疫情仍严峻,相信未来半年国际访港旅客仍然会处於低水平。另外,海南岛调高旅客免税额,当地购物价格比起香港更便宜,吸引不少内地游客转到当地,长远也对香港构成竞争。此外,网购盛行也压抑实体店的需求,加上市场仍有大量吉铺需消化,长远而言铺市难以回复昔日高峰。
他预计,未来半年核心区空置率虽然难再大幅飙升,但亦会在高位徘徊,估计核心区空置率明年初将升至13%至14%,民生消费元素较高的元朗则维持7%至8%。至於铺位租售价,今年全年维持跌40%至50%的预测,料最快明年才会有转机。
美联工商铺行政总裁黄汉成指出,近月街铺及商场铺位空置率急升,铺市也出现结构性转变,相信难以回复到昔日高峰,如果商场及街铺业主仍然袖手旁观,没有提供支援,将会令商户更快迁出,并加速商业模式转变(如加大网购比例),对於商场及街铺主都是沉重打击,日後要回复高出租率及租金将会更困难。
黄汉成建议,商场及街铺业主为租户提供租金宽免,以蹄造业主租户共赢局面,对於租户来说,这可以减省经营开支,免於倒闭之苦,基层员工生计可望得到保障。对商场及街铺业主而言,减租可避免租客趁势撤出及转型後,铺位长期丢空,这比起提供租金优惠所带来的损失更大。同时,若大量商户结业,本港经济也会恶化,对於持有大量收租物业的投资者或发展商,也会承受更大损失。
他建议商场业主对现有租户全数减免收底租,只收营业额分成,为期半年,同时增加商场的推广及推出刺激消费方案;而街铺若有租客进驻,则下调租金30%至50%,为期半年;若铺位目前丢空,业主宜接受市值租金出租物业,并加长免租期、提供装修期补贴予租客,以及接受租客以银行担保代替交付按金。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.