China office vacancies worse than zero-COVID levels in top cities

[ad_1]

BEIJING — Office vacancy rates in China are now higher than they were under the country’s severe zero-COVID restrictions, delivering a further blow to the nation’s struggling property sector.

Vacancies at top-quality Grade A office properties rose on the year in China’s top cities — Beijing, Shanghai, Guangzhou and Shenzhen — for the April-June quarter, British real estate services provider Savills reports.



[ad_2]

Source link