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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 . . .

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