Property News · July 17, 2023

China’s office vacancy rates rise in top cities as growing oversupply of premium space hits amid economic malaise


With vacancy rates on the rise and new inventory about to hit the market in Shanghai, Beijing, Guangzhou and Shenzhen, rents will continue to drop, according to property consultancy CBRE.

Source : South China Morning Post
Read more…China’s office vacancy rates rise in top cities as growing oversupply of premium space hits amid economic malaise