Lower rents improved occupancy rates in Shanghai’s premium office market as the city reported solid economic growth, but most companies remained cost-conscious amid a cloudy economic outlook and expectations for bigger discounts, according to JLL.
Discounts attracted corporate tenants in the quarter ended September, prompting relocations from business parks and suburban areas to grade-A office buildings, the property firm said.
“As the rental disparity between grade-A and grade-B properties…
Source : South China Morning Post
Read more…Shanghai premium office market picks up amid discounted rents















