HK (+852) 3990 0799

Hong Kong-listed EuroEyes to open first clinic in city on Russell Street, ditch ‘hospital-like atmosphere’ for one of world’s costliest retail strips

The group will take occupy 7,188 sq ft on the ground and third floors at 2 Russell Street in Causeway Bay

By opening on a retail street, the firm wished ‘for a form of visibility and not to create a hospital-like atmosphere’, chairman and CEO says

Germany-based and Hong Kong-listed EuroEyes International Eye Clinic is set to open its first store in the city, taking over the space occupied by Prada in one of the world’s costliest retail strips, to tap booming demand as the city’s economy recovers in the post-Covid-19 era.

The group will take over the ground and third floors at 2 Russell Street in Causeway Bay. The combined floor space spans 7,188 sq ft (667.8 square metres).

Prada’s Hong Kong flagship store occupied 15,000 sq ft across three storeys, for which the luxury brand paid HK$9 million (US$1.1 million) in monthly rent at its peak. It shut its doors after its lease expired in 2020.

“We got a good discount in contrast to Prada,” Jorn Slot Jorgensen, chairman and CEO of EuroEyes, said at a lease signing ceremony on Thursday. Early Bright Group, which is owned by billionaire Francis Choi Chee-ming, is EuroEyes’ landlord.

“It’s quite new that a clinic will go into a retail street … We are trying not to hide on the 26th floor, but we wish for a form of visibility and not to create a hospital-like atmosphere,” Jorgensen said. He declined to disclose how much the group will be forking out in monthly rent for the clinic, which includes 2,000 sq ft of space on the ground floor and 5,188 sq ft on the third floor.

“We took the chance, as we think it’s a good time right now,” Jørgensen said. “I would never have got such a location three years ago. It would not have been within our budget.”

The space on Russell Street, frequently ranked as the world’s most expensive retail street by rental values, will see the group bringing its laser eye and lens surgery services to Hongkongers and tourists from mainland China.

With tourism rebounding in Hong Kong since the start of this year, a real estate consultancy said it expected the return of tourists to boost consumption and inject new momentum into the city’s retail market, according to a report released on Thursday.

Mainland tourists have made up 80 per cent of all visitors to Hong Kong since China’s borders reopened, similar to pre-pandemic levels. “Mainland Chinese tourists’ changing spending habits will trigger stronger demand for necessities and healthcare goods like medicine, cosmetics and beauty products … Recent months have seen retailers start to re-establish their presence on high streets in core districts,” the report said.

EuroEyes listed in Hong Kong in 2019. It established its first clinic in Shanghai in 2012 and now operates in seven Chinese cities. Its China operations accounted for 16 per cent of the group’s total revenue in 2022.

Despite the pandemic, which caused the group’s sales in China to fall by more than 30 per cent last year, Jørgensen remains optimistic about the demand for eye surgery in the region, as vast proportions of the population struggle with myopia or presbyopia.

“The mood of patients has also changed,” he said. “People want to invest in themselves and invest in healthcare. We are very confident in China right now.”

(South China Morning Post)


Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders

The 9,212 sq ft property at 15 Gough Hill Road was seized this month by receivers appointed by Bank of East Asia

Opus Hong Kong apartment is taken over by receivers on behalf of Bank of Communications

Chen Hongtian, a low-profile mainland Chinese tycoon, who was the talk of the town in Hong Kong for purchasing a house on The Peak for a record price almost seven years ago, has had at least three of his assets worth a total of about HK$7 billion (US$891.7 million) at time of purchase seized by lenders.

The house, a 9,212 sq ft property at 15 Gough Hill Road, was seized this month by receivers appointed by Bank of East Asia (BEA), according to government records. Chen bought it through Lambda Industrial – a firm he owns with two others, one of whom is believed to be his wife – for a record HK$2.1 billion in 2016. It was mortgaged twice with BEA in the first half of 2019.

BEA appointed Deloitte China partners Derek Lai Kar-yan and Ivan Chan Man-hoi as receivers and managers earlier this month, according to sources. In a receivership, the receiver will act primarily in the interest of the creditor who appoints them. This often results in the company being liquidated or dissolved, and may mean that other creditors are not repaid. “We are looking for a buyer for the Gough Hill Road property,” Lai said.

Lambda Industrial was renamed Chateau 15 Investments. Other directors of the company are Chen Yao Li Ni and Vincent Chen Peng Yu. Yao Li Ni is Chen’s wife, according to Dow Jones’ risk and compliance database.

In an interview with the Post in June 2016, Chen said he bought 15 Gough Hill Road because an apartment he bought in September 2015 for HK$387 million in Opus Hong Kong in eastern Mid-Levels was “too tiny”. The fifth-floor luxury apartment has also been taken over by receivers, said Deloitte’s Lai.

Lai and Chan were appointed as receivers of the Opus Hong Kong property, which Chen bought with Yao Li Ni, by Bank of Communications in February this year. The apartment was mortgaged to the bank in August 2019. The receivers are in the process of reviewing the Opus apartment, Lai said.

Chen lost control of other assets in the city, including commercial buildings Towers A and B of Cheung Kei Center in Hung Hom. The buildings, previously called One Harbourgate, were bought by Chen through Cheung Kei Center Limited for HK$4.5 billion in December 2016. The other directors of this company are Yao Li Ni and Vincent Chen Peng Yu as well.

They were mortgaged with Hang Seng Bank in May 2019. The bank appointed Christopher So Man-chun and Victor Jong Yat-kit of PwC Hong Kong to take over the buildings this month.

Chen had a fortune of 30 billion yuan ranking him 172nd among China’s richest in Hurun Report 2022, the same ranking as Hui Ka-yan, chairman of embattled developer China Evergrande Group. He once said that investors would shift their money out of Hong Kong if “localism” continued to spread.

Chinese tycoons are a major source of demand for luxury homes in Hong Kong. Agents said the seizure of Chen’s properties did not reflect a decline in their desire for Hong Kong property.

The seizures are “isolated incidents”, a property agent said. “Many of my clients are still interested in these [distressed luxury Hong Kong] properties.”

(South China Morning Post)

For more information of Office for Lease at Cheung Kei Center please visit: Office for Lease at Cheung Kei Center

For more information of Grade A Office for Lease in Hung Hom please visit: Grade A Office for Lease in Hung Hom


Kai Tak site named

The Site 2 Development in Kai Tak Area 4C has been officially named as The Knightsbridge.

The residential project at 22 Shing Fung Road offers 566 flats and is being jointly developed by Henderson Land (0012), China Overseas Land & Investment (0688), New World Development (0017), Wheelock Properties, Chinachem and Empire Group.

The project's sales brochure will be uploaded after the Easter holidays, and about 70 percent of the flats will be sold by tender.

It comprises seven towers and one low-rise building, offering 566 one, three and four-bedroom apartments ranging in size from 351 to 1,942 square feet.

In the luxury market, Wheelock will launch five houses at No 1 Plantation Road on The Peak in the third or fourth quarter. Each will have an area of about 5,000 to 6,000 sq ft.

And Villa Lucca, a luxury development in Tai Po and jointly developed by Hysan Development (0014) and HKR International (0480), has sold 18 units for a total of HK$460 million.

The developers have also unveiled show units for the detached homes.

In other news, Chinachem chief executive Donald Choi Wun-hing maintained the company's forecast that home prices will rise 10 percent in Hong Kong this year, but will take time to recover to the 2018 level.

(The Standard)


德視佳國際眼科承租羅素街巨鋪 創始人約根森:捕捉本地客及遊客

視力矯正服務供應商德視佳國際眼科,向「玩具大王」蔡志明承租銅鑼灣羅素街 2000廣場其中一個複式巨鋪,德視佳創始人董事長兼首席執行官約根森 (Jrn Slot Jrgensen) 表示,看中該地段客戶多元化,可捕捉本地客兼內地客。



他續說,香港是充滿活力的市場,他們首先看過中環許多據點,最終鎖定羅素街巨鋪,人流更多,旗艦診所落戶銅鑼灣黃金地段 2000廣場,同時可捕捉本地人及內地客。




約根森預期,顧客以港人主導,比例佔80%,另20%內地客,羅素街內地客聚集,消費購物外,更可以順道做眼科檢查,然後回內地旗下診所做手術。德視佳早於2012年進軍內地,首個據點在上海,目前共8個據點,分布北京,杭州 深圳,廣州及四川。




德視佳承租羅素街2至4號 2000廣場其中一個地鋪,面積約2000方呎,連同樓上3樓面積約5188方呎,合共7188方呎,平均呎租139元。市場消息透露,租期為三年梗約和三年生約。










代理續說,由該物業步行至深水埗港鐵站僅需3分鐘,約10分鐘可到達南昌港鐵站,除了西九龍中心、黃金電腦商場和V Walk等完善商場設施外,區內正經歷重大變化,周邊有新崛起特色商店、精品咖啡店和餐廳等。該物業鄰近多個大型重建項目,包括新世界發展、萬科和百利保等發展商主導的住宅項目,市建局亦快將於深水埗進行地區研究,推動重建工作,料吸引學生及上班族租用。



藥房奢侈品重返核心區 外資代理行:帶動鋪市升溫









通關後甲廈市況向好 料量增價穩


據一間本地代理行統計,3月份 (數字主要反映2月市況) 十大指標甲廈乏成交,惟踏入月中,甲廈買賣開始出現,料下月數字將較理想。

美國銀行中心高層 5000萬沽



長沙灣甲廈新盤單位 2.41億易手

除了指標商廈外,一手商廈表理亦理想,資本策略 (00497) 旗下威靈頓街92號 92 Wellington 近期開售,並錄4宗買賣,包括物業9樓全層,面積約2,941平方呎,以約6,600萬元易手,呎價約2.2萬元。另外,長沙灣全新甲廈,荔枝角道888號南商金融創新中心高層單位連車位,以2.522億元易手,涉及7樓約半層樓面連5個車位,其中寫字樓部分面積約15,263平方呎,涉資約2.41億元,呎價約1.58萬元,另外5個車位每個作價約220萬元。據悉,新買家為「毛紡大王」曹光彪家族成員,該家族去年以約8.5億元,沽出同區持有多年的永新工業大廈全幢。




更多92 Wellington寫字樓出售樓盤資訊請參閱:92 Wellington寫字樓出售







牛頭角警署地研商用 估值約36億

測量師:樓面料逾120萬呎 應有序推地




近九龍灣站 可打造甲廈