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 . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you.
What you'll get:
- Original and in-depth reporting on China's economy and financial markets
- 7 * 24 Wire that delivers the earliest possible alerts of market-moving news and tailored insights from China
- Details, data and perspectives you don't read elsewhere
- Daily Brief newsletters to get you prepared for every trading day
- Weekly newsletter with Editor's Picks
Already have an account? Sign In