Property News · July 29, 2020

‘Recessionproof’ Huizhou records smallest drop in rents in first six months, emerges as Greater Bay Area’s most resilient office market


Huizhou, which is included in Beijing’s Greater Bay Area development zone, was its most resilient office market over the first half of this year, according to property services firm Savills.The development zone, which includes Hong Kong, Macau and nine mainland Chinese cities, has been battered by the coronavirus outbreak and escalating tensions between China and the United States.A set of indicators tracked by Savills to monitor changes in rent across the development zone cities pointed to the…

Source : South China Morning Post
Read more…‘Recessionproof’ Huizhou records smallest drop in rents in first six months, emerges as Greater Bay Area’s most resilient office market

You may also like...