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Shanghai commercial landlords pinched by high vacancies, rent-cut demands as zero-Covid policies take toll on tenants


Commercial property owners in Shanghai find themselves beset by high vacancy rates and demands for rent reductions as China’s zero-Covid policies continue to suppress the retail and restaurant trades.

Source : South China Morning Post
Read more…Shanghai commercial landlords pinched by high vacancies, rent-cut demands as zero-Covid policies take toll on tenants

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