Office vacancy in China’s top cities surged in the first quarter - to record highs in Shanghai and Shenzhen and hitting the highest level in nearly ten years in Beijing - as office demand was hurt by the coronavirus outbreak.
Vacancy rate for Grade A office buildings in Beijing, Shanghai and Shenzhen rose to 13.8 per cent, 21 per cent and 24.6 per cent, respectively, in the first quarter of the year, according to the latest . . .
To continue reading, please subscribe. You will get
- ORIGINAL & IN-DEPTH reporting about key trends in China's economy and financial markets
- THE WIRE 7*24 - up-to-the-minute updates, with details and data you won't find elsewhere.
- DAILY BRIEF - daily newsletter to give you a quick overview of the most important business news every day.
- QUALITY MATTERS. We provide quality information to help intelligent and professional readers make informed decisions.
GRAB THE MID-YEAR SPECIAL OFFER !
SUBSCRIBE AT $0.5 A DAY!
Contact us for group subscriptions: firstname.lastname@example.org
We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In