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Office vacancy in top cities continues to rise in Q3 amid economic slowdown, surging supplies

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Office buildings in China’s top cities see vacancy rate continue to rise in the third quarter as demand is unable to keep up with surging supply amid economic slowdown and the deleveraging campaign in the financial sector.

Average vacancy rate for Grade A office space in Beijing rose to 9.2 per cent in the third quarter, 2.4 percentage points higher than a year earlier and 0.5 percentage point higher than the previous quarter . . .

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