Posted Jul 8, 2014, 6:18 PM
|
 |
Registered User
|
|
Join Date: Oct 2012
Posts: 4,653
|
|
Quote:
Originally Posted by TexasPlaya
Pardon my ignorance. Somewhat off topic here, but do we have a good, reliable idea about office vacancy in China and Shanghai specifically?
|
This is some info on office markets in China that I have found.
http://www.cbre.com.cn/EN/aboutus/me...14-REVIEW.aspx
Quote:
|
Overall vacancy rate stayed flat at 15.8% as at end of Q1 2014.
|
Quote:
|
Every Tier 2 city in this region except Dalian reported rental declines. In West China, Chengdu vacancy rate further climbed to a record high 43.9% by Q1, and consequently the rental decline widened to 2.3%, the sharpest decline nation-wide.
|
|