Property News · November 28, 2017

Why companies are turning away from offices in Shanghai’s main business areas


A growing number of companies in Shanghai are considering relocating to offices away from the central business areas, where they can pay up to 40 per cent less in rent.
The city’s “non-CBD” office market is booming as firms increasingly choose to base themselves in “decentralised” business areas that enjoy good transport links and local amenities.
In a survey of 196 companies and institutions carried out by property services firm JLL, 23 per cent of respondents…

Source : South China Morning Post
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