{"id":109065,"date":"2019-07-17T07:00:11","date_gmt":"2019-07-17T00:00:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-glut-creeps-up-in-shenzhen-beijing-and-shanghai-as-trade-war-saps-growth-plans-while-start-ups-move-to-hipper-co-working-space\/"},"modified":"2019-07-17T07:09:14","modified_gmt":"2019-07-17T00:09:14","slug":"office-glut-creeps-up-in-shenzhen-beijing-and-shanghai-as-trade-war-saps-growth-plans-while-start-ups-move-to-hipper-co-working-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-glut-creeps-up-in-shenzhen-beijing-and-shanghai-as-trade-war-saps-growth-plans-while-start-ups-move-to-hipper-co-working-space\/","title":{"rendered":"Office glut creeps up in Shenzhen, Beijing and Shanghai as trade war saps growth plans while start-ups move to hipper co-working space"},"content":{"rendered":"


\nA building frenzy in southern China\u2019s version of Silicon Valley has driven the vacancy in Grade A offices to a record high, putting the squeeze on part-time developers whose blind inexperience have led them into the industry.A record 1.79 million square metres (19.27 million square feet) of vacancy, equivalent to 10 of Hong Kong\u2019s IFC towers, stood in Shenzhen at the end of June, requiring about two years to fill up, according to the real estate consultancy CBRE. Half of that empty space lies\u2026
\n
\nSource : South China Morning Post
\nRead more…Office glut creeps up in Shenzhen, Beijing and Shanghai as trade war saps growth plans while start-ups move to hipper co-working space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A building frenzy in southern China\u2019s version of Silicon Valley has driven the vacancy in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109065","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sn7","jetpack-related-posts":[{"id":135560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-tech-firms-in-beijing-shanghai-shenzhen-to-drive-demand-for-prime-office-space-as-chinas-economy-prospers\/","url_meta":{"origin":109065,"position":0},"title":"Banks, tech firms in Beijing, Shanghai, Shenzhen to drive demand for prime office space as China\u2019s economy prospers","date":"March 20, 2023","format":false,"excerpt":"\r Demand for high-grade office space in top mainland cities is forecast to boom as economic recovery strengthens. Higher rents could follow, according to property consultancies.\r \r Source : South China Morning Post\r Read more...Banks, tech firms in Beijing, Shanghai, Shenzhen to drive demand for prime office space as China\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-office-vacancy-rates-rise-in-top-cities-as-growing-oversupply-of-premium-space-hits-amid-economic-malaise\/","url_meta":{"origin":109065,"position":1},"title":"China\u2019s office vacancy rates rise in top cities as growing oversupply of premium space hits amid economic malaise","date":"July 17, 2023","format":false,"excerpt":"\r 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.\r \r Source : South China Morning Post\r Read more...China\u2019s office vacancy rates rise in top cities as growing oversupply\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107273,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-ranks-ahead-of-shanghai-and-shenzhen-in-list-of-worlds-most-innovative-cities\/","url_meta":{"origin":109065,"position":2},"title":"Beijing ranks ahead of Shanghai and Shenzhen in list of world\u2019s most innovative cities","date":"May 19, 2019","format":false,"excerpt":"\r Beijing is the most innovative city on the mainland, ranking ahead of Shanghai and the tech hub of Shenzhen, according to JLL\u2019s latest research of the top 20 innovation-oriented cities in the world. Hong Kong did not make the cut.San Francisco, with its robust start-up scene, topped the list,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135129,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-home-sales-spike-in-shanghai-beijing-shenzhen-in-february-as-eager-buyers-abandon-wait-and-see-approach\/","url_meta":{"origin":109065,"position":3},"title":"China home sales spike in Shanghai, Beijing, Shenzhen in February, as eager buyers abandon wait-and-see approach","date":"March 9, 2023","format":false,"excerpt":"\r Sales shot up in Beijing, Shanghai and Shenzhen in February as buyers shrugged off hesitancy, with the lived-in market proving particularly hot.\r \r Source : South China Morning Post\r Read more...China home sales spike in Shanghai, Beijing, Shenzhen in February, as eager buyers abandon wait-and-see approach","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134425,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-wuhan-takes-drastic-measure-to-stop-the-rot-in-housing-market-as-beijing-shanghai-and-shenzhen-watch\/","url_meta":{"origin":109065,"position":4},"title":"China property: Wuhan takes drastic measure to stop the rot in housing market as Beijing, Shanghai and Shenzhen watch","date":"February 8, 2023","format":false,"excerpt":"\r Wuhan became the first top 10 mainland city by economic output to fully remove home ownership limits to help stop the rot in the property market. Beijing, Shanghai and Shenzhen are unlikely to follow suit, JLL says.\r \r Source : South China Morning Post\r Read more...China property: Wuhan takes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139255,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guangzhou-relaxes-home-purchase-restrictions-beijing-shanghai-shenzhen-may-follow-as-china-steps-up-property-easing\/","url_meta":{"origin":109065,"position":5},"title":"Guangzhou relaxes home purchase restrictions, Beijing, Shanghai, Shenzhen may follow as China steps up property easing","date":"September 21, 2023","format":false,"excerpt":"\r Guangzhou relaxes home purchase restrictions, becoming the first among tier-one cities to take such a step, and analysts expect Beijing, Shanghai, and Shenzhen to follow suit to prop up the sluggish home market.\r \r Source : South China Morning Post\r Read more...Guangzhou relaxes home purchase restrictions, Beijing, Shanghai, Shenzhen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109065"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109065"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109065\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}