Press "Enter" to skip to content

China’s office vacancy surges amid economic downturn, surging supplies

Office buildings in China's top cities see vacancy rate surging as demand is unable to keep up with surging supply, due to economic downturn, US-China trade tensions and the deleveraging campaign in the financial sector.

Vacancy rate for Grade A office space in Beijing climbed to 11.5 per cent in the first half of the year, the highest level in eight years, according to Colliers International, a global commercial real estate services and investment management firm. About . . .

To continue reading, please subscribe and you will get:

 

  • ORIGINAL & DATA-DRIVEN STORIES - We focus on the most important business events and the key trends in China's economy and markets, with details that you don't see elsewhere.
  • THE WIRE An all-in-one channel with real-time updates of market-moving news and views sourced via a network of journalists, traders, brokers, analysts, etc. and from multiple reliable news outlets in mainland China.  Here are some screenshots of our wire service.
  • DATA  - We provide data, in particular high frequency data from government agencies, various research institutes and industry bodies, to help you get timely and detailed understanding of what is going on in China's economy.
  • WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.

Don't Miss Our Summer Special Offer! 

Already have an account? Sign In

 

 

Top